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Reporting: August 25, 2023, Treasury released ERA2 Cumulative Program Data: Q2 2021 – Q1 2023.

Promising Practices: On October 16, Treasury published a resource to assist local, state, territorial, and Tribal governments in effectively using American Rescue Plan funds to help more households stay in their homes.

Reporting: October 16, 2023, Treasury released ERA2 Cumulative Program Data: Q2 2021 – Q2 2023.

territories, local governments, and, in the case of ERA1, Indian Tribes or their Tribally Designated Housing Entities.

ERA funds are provided directly to states, U.S. The ERA2 program was authorized by the American Rescue Plan Act of 2021 and provides $21.55 billion to assist eligible households with financial assistance, provide housing stability services, and as applicable, to cover the costs for other affordable rental housing and eviction prevention activities. Two separate ERA programs have been established: the ERA1 program was authorized by the Consolidated Appropriations Act, 2021 and provided $25 billion to assist eligible households with financial assistance and housing stability services. Combined with other Administration initiatives, Treasury’s ERA programs have helped to prevent millions of evictions since the onset of the pandemic.

Participating governments have leveraged ERA funding to make over 10 million assistance payments to renters facing eviction, and research has shown that ERA assistance has supported low-income renters and renters of color. Treasury’s Emergency Rental Assistance (ERA) program has provided communities over $46 billion to support housing stability throughout the COVID-19 pandemic.

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