An estimated 8.8 million Americans are delinquent in rent, according to the Consumer Financial Protection Bureau. Rescue efforts have stopped some of the housing crisis, but rent will still be paid.
The federal government has approved two rental aids, worth a total of over $ 46 billion, which is gradually permeating lessors.
In addition, the federal expulsion moratorium has been extended until the end of June. However, even if you avoid eviction, the rent you are renting will not disappear. Estimates vary, but according to the Urban Institute, lessees owe $ 13.2 billion to $ 52.6 billion in backrents.
If you’re having a hard time, here’s what you need to know about how to access this help:
What is available
Congress has passed two different rental relief packages. The first approved in December provided $ 25 billion for rental relief. The second, approved in March, will provide over $ 21 billion.
In general, aid helps pay back rent, next month’s rent, and some utility bills. The lessee can get more than a year of help to catch up with Buckrent.
This is in addition to other community-based programs that may provide different forms of assistance. Despite some difficulties in accessing certain programs, housing professionals hope that this latest federal bailout specific to rental assistance will help more people.
Although there is some flexibility for states to adapt their programs, federal bailouts are generally available to those who earn less than 80% of the region’s median income and experience some COVID-related difficulties. I will. Priority is given to those with a median income of 50% or less in the area.
The application can be made on behalf of the household or head of household in need. Money is usually paid directly to the landlord or utility service provider.
However, some landlords may not want to participate because they require some paperwork, concessions such as raising rent for a period of time or agreeing not to move the tenant out.
If the landlord does not wish to participate, you can pay the target household directly.
Where are you going
Renters in need of assistance should contact the local housing authorities to see if they are eligible for federal relief or local assistance.
Federal rent relief is sent to states, US territories, local governments, and tribes and is managed through local programs. However, it took some time for the money to reach these organizations.
Diane Yentel, president and CEO of the National Low Income Housing Coalition, said funding from the first round has been distributed and about 60% of the community has programs open, which are increasing daily. But the second round of money won’t come out until May.
“Help is on the way,” Yentel said.
The National Low Income Housing Coalition tracks all rental assistance programs available on its website. Renters in need can start from there to find a program in their area. You can also contact the United Way or its 211 program for assistance. People can also talk to a housing counselor at the US Department of Housing and Urban Development.
The FTC, Treasury, and Consumer Financial Protection Bureau all have information on rental assistance on their websites.
There are some concerns that the demand for aid may exceed the supply. As a result, lessors should act swiftly or check frequently if the program is not readily available in their area. If the lessee is not eligible for federal bailouts, they may be able to get help through other programs available in their area.
“The best thing a lessor can do is plan. Accessing these resources is one thing, but plan,” said Susan Ifil, chief operating officer of the nonprofit NeighborWorks. Please. “
This includes consulting with a housing counselor, working with the landlord to plan a rent repayment, and finding a new home.
If anyone is worried that they may be kicked out, keep in mind that the country’s eviction moratorium is still in place until the end of June. The lessee must complete the paperwork and hand it over to the landlord.
Here’s how hard-working households can get federal rental assistance – NBC4 Washington
Source link Here’s how hard-working households can get federal rental assistance – NBC4 Washington