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Renter Assistance: Financial Aid During COVID-19 Pandemic

This act allocates over $21 billion in financial aid for renters affected by the COVID-19 pandemic. These funds are intended to help cover rent, rental arrears, utility bills, and other housing-related costs, preventing homelessness and housing instability. The program targets low-income households that have experienced financial hardship due to the pandemic.
Key points
Over $21.55 billion allocated for rent and utility assistance for those in need.
Financial aid can cover up to 18 months of rent, arrears, and utility costs.
Funds are available to states, territories, and local governments, prioritizing high-need areas.
The program aims to prevent homelessness and housing instability caused by the pandemic.
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Additional Information
Emergency Assistance for Renters Act of 2021
Print number: HR 1725
Sponsor: Rep. Waters, Maxine [D-CA-43]
Process start date: 2021-03-09