ARPA

The American Rescue Plan Act of 2021 (ARPA) was signed into law on March 11, 2021, and provides $1.9 trillion in federal funding in two key areas: addressing the COVID-19 virus and providing economic relief. In addition to funding for vaccines, testing, and healthcare needs, the ARPA is aimed at providing relief to educational institutions, state, tribal, and local governments, businesses, and individuals. Visit the U.S. Treasury website for user-friendly access, guidance, and a link to state and local governments’ funding allocations. Read more.

ERAP

One of the key housing initiatives is the Emergency Rental Assistance Program (ERAP), which continues federal support of state and local rental assistance programs across the country. The ERAP program makes available nearly $22 billion to assist households that are unable to pay rent and utilities due to the COVID-19 pandemic. Read more.

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