Emergency Rental Assistance Through the Coronavirus Relief Fund [February 18, 2021] [open pdf - 1MB]
From the Introduction: "The Consolidated Appropriations Act, 2021 (P.L. 116-260) included an appropriation of $25 billion to help low-income households make rent and utility payments through an Emergency Rental Assistance (ERA) program. The ERA is funded through the Coronavirus Relief Fund (CRF), a program created as part of the Coronavirus Aid, Relief, and Economic Security (CARES) Act (P.L. 116-136), and administered by the Department of the Treasury, to assist state, local, territorial, and tribal governments. While the CARES Act CRF appropriation could be used for multiple purposes, the ERA appropriation in P.L. 116-260 is directed only to rent and utility assistance and housing stability services. This report briefly describes the need for rental assistance during the Coronavirus Disease 2019 (COVID-19) pandemic, provides information about the allocation of the $25 billion in ERA funds, describes the parameters of the ERA program, and discusses outstanding questions about the program and renter needs."
CRS Report for Congress, R46688
Congressional Research Service: https://crsreports.congress.gov/