New York City Housing Authority ERA Efforts Take a Step Forward While Other PHAs Concerns Continue Ahead of September 30 Treasury Deadline
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.