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Our data story posted in October 2021 showed that as of August 31, 2021, 1.4 million households had received $7.1 billion in ERA1 rental assistance. Update: As of November 30, 2021, 2.7 million households had received $13.6 billion from ERA 1.
Division N, Title V, Section 501 of the Consolidated Appropriations Act, 2021, Pub. L. No. 116-260, (December 27, 2020) established the Emergency Rental Assistance (ERA 1) program and provides $25 billion for the U.S. Department of the Treasury (Treasury) to make payments to States (defined to include the District of Columbia), U.S. Territories ...
Oct 10, 2024 · About $32.4B in fiscal year (FY) 2021. This total includes money transferred to Michigan’s state government as well as funds sent directly to local entities within the state, such as cities and school districts. Federal funding helps state and local governments pay for things like infrastructure, education, and health care for low-income people.
Oct 1, 2021 · The Michigan State Housing Development Authority (MSHDA) estimates $425 million has been spent or obligated by the September 30 deadline through its COVID Emergency Rental Assistance (CERA) program. This includes over $235 million in rental and utilities assistance distributed to over 36,000 households and $25 million in case management, legal services, and administrative costs.
• Rental payments: o Depending on income – Up to 12 months rental assistance and no more than 3 months of future assistance (could be up to 9 months arrears and 3 months future). • Utility assistance payments: o Depending on Household size and income - one-time utility payments. Spending Deadlines and Reallocation of Funding
The “American Rescue Plan Act” enacted in March 2021, provided an additional $21.55 billion (ERA2) for a grand total of $46.55 billion in emergency rental assistance and housing stability services. The Treasury ERA program included an unprecedented amount of funding for emergency rental assistance to help renters stay stably housed.
The ERA2 program was authorized by the American Rescue Plan Act of 2021 and provides $21.55 billion to assist eligible households with financial assistance, provide housing stability services, and as applicable, to cover the costs for other affordable rental housing and eviction prevention activities. Financial assistance can include the ...
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