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In a release dated April 16, 2020, the Congressional Budget Office estimated that the CARES Act "will increase federal deficits by about $1.7 trillion over the 2020–2030 period." [ 156 ] Part of the reason this is less than the $2.2 trillion included in the CARES Act is that income and costs as part of the Treasury's emergency lending program ...
LA's Emergency Renters Assistance Program has been amended to supply 100% of tenants' unpaid rent for April 1, 2020, through March 31, 2021 (up from 80% for people whose landlord agreed to waive ...
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 ...
Coronavirus Aid, Relief, and Economic Security Act (CARES Act) – Includes $1200 stimulus checks, March 2020; Paycheck Protection Program and Health Care Enhancement Act – April 2020; Paycheck Protection Program Flexibility Act of 2020 – June 2020; A bill to extend the authority for commitments for the paycheck protection program – July 2020
In 2020, there were one million public housing units. [3] In 2022, about 5.2 million American households received some form of federal rental assistance. [4] Subsidized apartment buildings, often referred to as housing projects (or simply "the projects"), [5] have a complicated and often notorious history in the United States. While the first ...
Renters in the United States are getting a double dose of bah and humbug as the holidays approach: a sharp rise in rental rates across the country just as many rental relief programs have expired....
On March 6, 2020, the Coronavirus Preparedness and Response Supplemental Appropriations Act, 2020, provided $8.3 billion to fight the pandemic. The deal includes over $3 billion for vaccine research and development (as well as therapeutics and diagnostics), $2.2 billion for the CDC, and $950 million for state and local health agencies.
The federal CARES Act provided for a 120-day moratorium on evictions for federally backed properties, beginning on March 27 when the act was signed, and lasting til July 24 [31] [32] on eviction filings for rental units in properties that participate in federal assistance programs, or have a federally backed mortgage or multifamily mortgage ...