
The Biden Administration has doubled down on its promise to continue eviction mitigation efforts following the success of the Emergency Rental Assistance Program (ERAP). To that end, the White House held a virtual summit on August 2 to discuss future actions in this space and highlight states and localities that they feel are “getting it right.”
Industry Implications: It’s unclear what specific efforts the White House will undertake. But they did encourage all states and localities to utilize their remaining ERAP funds and State and Local Fiscal Recovery Funds (SLFRF) to assist renters and housing providers in need.
Updated resources on ERAP allocations are available on NMHC.org here.
NMHC’s Take: NMHC has been highly engaged with Administration officials and was invited to attend this event. As they look to housing affordability solutions, we will continue to share our research and provide recommendations to ensure any policies implemented take into account the needs of both renters and housing providers.
Staff Resource
Related Articles
- NMHC-NAA Statement for Senate Banking Subcommittee Hearing on Housing Supply and Innovation
- NMHC-NAA Statement for Senate Banking Hearing on Property Insurance Market Challenges
- Monthly Inflation Shows Further Signs of Cooling in July
- Real Estate Industry Letter on Rent Control to FHFA Director Sandra Thompson
- Housing Affordability Coalition Comment Letter to FHFA on Tenant Protections RFI