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Housing Support: Billions for Rent and Utility Assistance

This act allocates $25 billion for rent and utility assistance, including internet costs, for those in need. It aims to help families maintain stable housing and reduce homelessness, especially in light of the pandemic's impact. The funds are designed to be quickly and flexibly accessible to reach as many people as possible.
Key points
Provides $25 billion for rent, utility (including internet), and security deposit assistance for low-income families.
Streamlines access to aid: housing agencies can allocate funds faster, bypassing standard waiting lists.
Supports property owners: financial incentives are provided for landlords to participate in and maintain their properties within the program.
Flexible use of funds: assistance can cover rent and utility arrears, as well as costs associated with starting a tenancy.
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Additional Information
Print number: 117_HR_1947
Sponsor: Rep. Smith, Adam [D-WA-9]
Process start date: 2021-03-16