Emergency Rental Assistance
- $21.55 billion for emergency rental assistance to remain available until September 30, 2027.
- $2.5b set aside for "high-need communities".
- $30 million for admin costs and technical assistance.
- $3 million for Inspector General oversight.
- The Secretary must disburse not less than 40 percent of grantees’ allocation within 60 days.
- Rules for Grantees:
- Up to 10 percent of grantees’ allocation may be used for housing stability services.
- Up to 15 percent of grantees’ allocation may be used for administrative costs.
- Up to 18 months in assistance may be provided per household (Consolidated Appropriations Act (CAA) and American Rescue Plan Act funds combined).
- For rent, rent arrears, utility costs and arrears and other housing costs as defined by the Treasury Secretary.
- It does not include the language from CAA that requires grantees to prioritize arrears before forward facing rental payments or that allows housing providers to apply on behalf of residents.
- Prioritization and eligibility requirements parallel CAA requirements.
- Includes rules for distribution of unused funds which may be used for affordable housing or eviction prevention purposes.
- $5 billion for emergency Section 8 Housing Choice Vouchers, which would be allocated to state and local governments to individuals and families who are currently or recently homeless, and to those fleeing domestic violence, sexual assault or human trafficking.
- An additional $5 billion to provide supportive services for homelessness and at-risk individuals.
- Specifically, the funds could be used for tenant-based rental assistance, the development of affordable housing, housing counseling for the homeless and purchasing non-congregate shelter units.
Additional Housing Funding
- $750 million through tribal grant programs for housing assistance and community development services.
- $100 million for individuals living in rural Agriculture Department-subsidized properties.
- $100 million for grants to housing counseling groups.
- $20 million for fair housing education and enforcement.
State and Local Funding
- $350 billion for states, localities, tribes and territorial governments to pay for COVID-related expenses and programs.