Daily Archives: March 29, 2021

Treasury Issues Updated FAQs on ERAP; CDC Extends Eviction Moratorium; RD Issues Notices to Tenants ERAP and CDC Eviction Moratorium

BROADCAST EMAIL – Regulatory Update 1) Treasury Issues Updated FAQs on the Emergency Rental Assistance Program On March 26, 2021, the Department of Treasury posted an updated version of the Frequently Asked Questions (FAQs) for the Emergency Rental Assistance Program (ERAP). The 2021 Consolidated Appropriations Act established the ERAP, administered by the Secretary of the…

Treasury Updates FAQs for the Emergency Rental Assistance Program

On March 26, 2021, the Department of Treasury issued updated their Frequently Asked Questions (FAQs) regarding the Emergency Rental Assistance Program. The update adds one item which outlines the criteria for administrative expenses by allowing grantees to use not more than 10 percent of the amount paid to a grantee for administrative costs attributable to…