More Than 510,000 Households Receive Emergency Rental Assistance in September
The emergency rental assistance program is on track to make over 3 million payments by the end of the year at the current rate. Data from Princeton University’s Eviction Lab, according to Treasury, suggests there has been no major national spike in evictions with filings remaining below historical averages.
While less than a quarter of the emergency rental assistance funds have been disbursed, the National Apartment Association (NAA) and National Multifamily Housing Council (NMHC) issued a statement that more needs to be done to get the aid out to residents and housing providers
NAA and NMHC, on behalf of the nation’s 40.1 million individuals who call an apartment home, are calling on policymakers to make the following improvements to expedite the rental assistance distribution:
- Reject the addition of counterproductive eviction moratorium provisions;
- Direct grantees to allow housing providers the ability to apply on behalf of residents under a notification safe harbor, prioritize arrearages, and remove the 18-month limit on assistance; and
- Allow the emergency rental assistance program to reimburse property owners, without qualification, on units where a renter has moved out. ….Read entire article.