Legislative & Policy
As the September 30 deadline quickly approaches for when the U.S. Treasury Department must begin to recapture and reallocate funds from grantees unwilling or unable to spend down from the original Emergency Rental Assistance Program (known as ERA1), the New York City Housing Authority (NYCHA) is helping unlock ERA funds for its residents. However, several other PHAs continue to encounter obstacles with the program.
The House and Senate face a jam-packed agenda upon their return from the August recess with President Biden’s biggest ticket items awaiting immediate action. The window to pass this transformative legislation will not remain open for long.