The Credit Pros Podcast

Renters Assistance 2021: What You Need To Know


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The Emergency Rental Assistance Program (ERAP) offers $25 billion to help renters and landlords affected by the COVID-19 pandemic. It provides financial assistance for rent and utilities to prevent homelessness and eviction. Eligible households must be renting, have reduced income or unemployment due to the pandemic, and earn <=80% of the area median income. The program covers up to 15 months of assistance and prioritizes those with imminent risk of homelessness.
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The Credit Pros PodcastBy The Credit Pros