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The U.S. Department of the Treasury reported on Monday, Nov. 29, that state and local governments offered rental assistance to more than 521,000 renters and landlords in October through the ...
A federal rental assistance program implemented to help struggling families during the COVID-19 pandemic is running short of money after barely more than a year, leaving renters in some parts of ...
The federal government has approved two rounds of rental assistance, worth more than $46 billion total, that is slowly making its way to renters. How struggling households can get federal rental ...
Enacted in 1965 [23] and 1968, [24] respectively, the Rent Supplement (Rent Supp.) and Rental Assistance Payment (RAP) programs are both rental assistance programs governed by contracts between private owners and HUD. While both programs' funding platforms are in this way similar to the project-based section 8 HAP, neither program is a section ...
Additionally, emergency shelters for the homeless were expanded, and home ownership by low-income families was promoted to a greater degree. [20] In 1990, President George H. W. Bush signed the Cranston-Gonzalez National Affordable Housing Act (NAHA), which furthered the use of HOME funds for rental assistance. In his address upon its passage ...
Section 521 rental assistance is rental assistance authorized under Section 521 of the Housing Act of 1949 (42 U.S.C. 1441 et seq.). Owners of housing financed under Section 515 or Section 514 may receive rental assistance payments from the Rural Housing Service (RHS). The assistance payments enable eligible tenants to make monthly rent ...