The United States Treasury Department said Friday it would reallocate $1.1 billion in pandemic rental assistance from places where it went unused to states and cities with a higher need for the aid. California will receive about $50 million in reallocated funds, the most of any state. New Jersey will …
Read More »Bill to Expand Access to Emergency Rental Assistance Funds Introduced
Yesterday, Congresswoman Cori Bush (MO-01) introduced legislation to improve and expand access to emergency rental assistance by allowing individuals to apply for funds at public schools, libraries, transit systems, housing authorities, the United States Postal Service, and other public entities. $40 billion in rental assistance is still sitting, waiting to …
Read More »President Biden Announced Mortgage Relief Program For Homeowners
President Joe Biden announced a new mortgage relief program for homeowners with federal loans on Friday. Homeowners’ monthly mortgage could be reduced by up to 25%. “[M]any homeowners will need deeper assistance due to pandemic-related income loss. For example, due to the economic crisis caused by the pandemic, some homeowners …
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