Update on the Stimulus: $15 Billion in Emergency Rental Assistance Is Now Available — Here’s How to Get It!

As of February alone, $30 billion of the $46.6 billion emergency rental assistance program had been disbursed by the federal government. A total of almost $15 billion is left behind.

If you’re interested in applying for the help, which was included in stimulus packages authorized by Congress in December 2020 and March 2021, you should probably get started right away.

The Treasury Department of the United States announced last month that the money would be depleted by the middle of 2022.

Renters in a tight financial situation who are at risk of being evicted can access the funds. Your family must have at least one person who meets the criteria for unemployment compensation or can certify in writing that they have suffered financial hardship as a direct result of the COVID-19 outbreak, as reported by.

As well as proving your vulnerability to homelessness, a past-due rent or utility notification may suffice.

To qualify for emergency rental assistance, your income can’t exceed 80 percent of your area’s median income. According to a directive from the federal government, some states must prioritize applicants who have been out of employment for at least 90 days.

Stimulus: $15 Billion in Emergency Rental

The federal government administers the emergency rental assistance program, but states and municipalities are responsible for disbursing the payments.

In order to apply, go to the website of the National Low Income Housing Coalition, which provides a list by state of hundreds of organizations that distribute the funds to qualified applicants.

You’ll be provided with links to help you complete the application procedure where you live. Another option is to use the Consumer Financial Protection Bureau’s online application tool.

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Those who qualify can expect to get rental assistance for a period ranging from 12 to 18 months, which will cover both past due and future housing payments.

It is possible to reapply for rental assistance if you have previously received it but have since fallen behind on your payments.

The money typically goes to your landlord. However, if your landlord refuses to comply, contact the agency you applied with to see if the funds can be sent directly to you.