Industry Resources | November 22, 2021
U.S. Department of the Treasury: Emergency Rental Assistance Under the Consolidated Appropriations Act, 2021, Reallocation Guidance
On October 4, 2021, the U.S. Department of the Treasurey published this emergency rental assistance (ERA) under the Consolidated Appropriations Act, 2021 reallocation guidance. The Consolidated Appropriations Act, 2021 (ERA1) requires Treasury to begin reallocating “excess” ERA1 funds on September 30, 2021. Treasury’s objective in reallocations is to ensure ERA funds remain available to Grantees in accordance with their jurisdictional needs and demonstrated capacity to deliver assistance while the ERA appropriations remain available. This guidance sets forth the procedures for the ERA1 reallocation process . . .