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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 ...
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 ...
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 ...
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 ...
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 ...
Federal funds earmarked for emergency rental assistance have been disbursed at a rapid clip in recent months, with about $30 billion of the $46.6 billion program being sent out in February alone.
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