Attorney Explains | Emergency Rental Assistance FAQ (1/28/21)

Department of the Treasury released Frequently Asked Questions guidance providing additional information regarding the emergency rental assistance program.  Find out the details in this video!

DISCLAIMER: please note that the information contained in this video is for educational and entertainment purposes only.  You should always consult your own attorney and your own financial and tax advisors before making any legal or financial decisions.  This video is not intended to and does not create any attorney-client relationship between the content creator and the viewer.  The views and opinions expressed in this video belong solely to the creator and do not reflect those of his law firm or any of his business partners.

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My prior videos breaking down the $25 Billion rent assistance program in the new stimulus act:
https://www.youtube.com/watch?v=W4Ff4k2vkE8&t=2shttps://youtu.be/7nbRGY-BUwQ

U.S. Department of the Treasury links
Main page:
https://home.treasury.gov/policy-issues/cares/emergency-rental-assistance-program

Frequently Asked Questions:https://home.treasury.gov/system/files/136/ERA-Frequently-Asked-Questions_Pub-1-19-21.pdf

Data and Methodology for Allocations:
https://home.treasury.gov/system/files/136/Emergency-Rental-Assistance-Data-and-Methodology-1-11-21.pdf

Eligible Units of Local Governments:
https://home.treasury.gov/system/files/136/ERA-List-of-Eligible-Local-Governments-Final.pdf

Grantee Award Terms:
https://home.treasury.gov/system/files/136/Emergency-rental-assistance-terms-FINAL.pdf

Submission Required for Emergency Assistance Rental Payments:
https://forms.treasury.gov/caresact/EmergencyRentalAssistanceVFForm

My attorney profile and contact information:
https://www.woh.com/attorneys/79/vitaliy-volpov/

My blog:
http://www.succeedrei.com

My real estate brokerage:
https://www.serenityrealestate518.com/

Facebook pages:
https://www.facebook.com/SucceedREI/
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Video Time Stamps:
1:18 - How are "utilities and home energy costs" defined for the purposes of the emergency rental assistance program?
2:43 - Do you need to owe back rent to qualify for assistance?
3:12 - Will the state/municipality pay for all of the back rent owed?
5:30 - Under what circumstances can/will the rental assistance be paid to the tenant?
7:36 - How is "household income" defined and how will it be determined and verified for the purposes of the emergency rental assistance program?10:06 - Do you need to experience a reduction in income, incur significant costs, or experience other financial hardship due to the pandemic/outbreak in order to qualify for emergency rental assistance?
11:30 - Are tenants required to have been in the same home at the time the public health emergency was declared in March 2020 in order to receive the emergency rental assistance under this program?
12:22 - What information do states/municipalities need to collect regarding landlords and tenants who apply for emergency rental assistance?
13:30 - Can tenants of federally-subsidized housing receive assistance under the emergency rental assistance program?
14:30 - Can a municipality who is itself a landlord provide assistance to its tenants under this program?
15:25 - Is rental assistance available for rent arrears incurred before the enactment of the new stimulus bill (i.e. before December 27, 2020)?
16:11 - Can assistance be provided only for energy costs and not rent if no back rent is owed?  
16:47 - Can homeowners receive mortgage assistance under the emergency rental assistance program?
17:35 - Are there any "other expenses" that may be paid for through the emergency rental assistance program?

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Видео Attorney Explains | Emergency Rental Assistance FAQ (1/28/21) канала Succeed REI