The CDC Eviction Moratorium has been a tremendous financial and operational burden on the rental housing community. After months of advocacy by NAA, Congress finally allocated nearly $47 billion in rental assistance funds intended to help alleviate the financial burden of residents and rental housing providers. However, states and localities have been slow to deliver the funds and, in some instances, placed additional and prohibitive restrictions on rental assistance dollars, even as the moratorium’s July 31 expiration looms.
A new search tool is being launched today, July 28, providing information on rental assistance programs around the country. The Rental Assistance Finder was designed by the Consumer Financial Protection Bureau (CFPB) to help renters and housing providers find their local program and apply for assistance. We encourage members of the rental housing industry to use the tool and also share it widely with residents. This can only help make everyone whole again.
We hope you are safe and well.
SVP of Government Affairs
National Apartment Association