Federal Rental Assistance

Posted By: Jessica Olander (deleted) Community , Member Events & Trainings , CTAA Newsletters ,

CTAA members,

As you are aware, at the close of last year, the President finally signed into law a much-needed $900 billion COVID relief package, combined with a $1.4 trillion spending bill to fund the government through next September.  Importantly, the bill includes $25 billion for emergency rental assistance. For nearly 10 months, NAA advocated tirelessly in support of this much-needed relief and now the federal government is rolling out the program, beginning with distribution of the monies themselves to state and local grantees.  

 

As laid out in the COVID relief bill, Emergency Rental Assistance funds are required to be distributed no later than 30 days after date of enactment, which is January 27, 2021. The Department of Treasury has begun the certification process for states, territories, tribes & local governments to receive a direct allocation. The deadline for completed payment information and a signed acceptance of award terms form must be submitted no later than 11:59 p.m. EDT on January 12, 2021, to ensure payments are made within the 30-day period specified by the statute. Eligible grantees that do not provide complete information by 11:59 p.m. EDT on January 12, 2021, may not receive an Emergency Rental Assistance payment. 

 

With this deadline rapidly approaching, our CALL TO ACTION for members is to reach out to Governor Lamont and let him know assistance is needed!