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Approved households may get up to 12 months of overdue rent and electric or gas bills paid, plus up to three more months of rental assistance if the amount is at least 30% of their gross monthly ...
The latest round of funding arrived earlier this month, when the Treasury Department allocated $21.6 billion for rental assistance under President Joe Biden’s rescue package, along with new ...
The first, approved in December, provided $25 billion for rental relief. The second, approved in March, provides more than $21 billion. In general the aid can help pay for back rent, next month's ...
The main Section 8 program involves the voucher program. A voucher may be either "project-based"—where its use is limited to a specific apartment complex (public housing agencies (PHAs) may reserve up to 20% of its vouchers as such [11])—or "tenant-based", where the tenant is free to choose a unit in the private sector, is not limited to specific complexes, and may reside anywhere in the ...
The purpose is to assess the likelihood the tenant will fulfill the terms of the lease or rental agreement and will also take great care of the rental property in question. The process culminates in a decision as to whether to approve the applicant, approve the applicant conditionally (such as requiring an increased deposit or cosigner ), or ...
With the end of the pandemic-era Emergency Rental Assistance programs, the Treasury just announced seven additional policies to provide even more permission for states to rely on applicants'...