New Treasury Policies Make It Easier To Get Rental Assistance For Tenants and Landlords

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With the end of the pandemic-era Emergency Rental Assistance programs, the Treasury just announced seven additional policies to provide even more permission for states to rely on applicants’ self-attestations without further documentation.

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Although the ERA programs have reached millions of families, the Treasury states that too many states have yet to demonstrate sufficient progress in getting assistance to struggling tenants and landlords. After September they stress that programs that are unwilling or unable to deliver assistance quickly will be at risk of having their rental assistance funding reallocated to programs that are effective in other high-need areas. In other words, states have about a week to get their ERA programs in shape or risk losing the funding altogether.

In recent months, the programs have come under scrutiny for being laborious, administratively heavy and not beneficial to many landlords. Landlords have shied away from receiving money in many cases as it would curtail their ability to kick out unruly tenants and tenants have been intimidated by the amount of paperwork and administrative inconvenience it takes to file and get the funds.

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The new efforts by the Treasury are to include:

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One of the biggest challenges states face with getting money to those who need it most is application processing delays. These new measures are intended to drastically improve the red tape preventing funds from getting to renters and landlords, with the overall goal of the policies siphoning off funds sooner than documentation or applications will be 100% verified.

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