U.S. Treasury Department Emergency Rental Assistance Frequently Asked Questions (Updated as of March 5, 2024)
These FAQs provide guidance regarding the Emergency Rental Assistance program enacted in the Consolidated Appropriations Act of 2021. On March 5, 2024, Treasury updated the FAQs to clarify that grantees may use their ERA2 award funds to cover expenses for the acquisition of real property and predevelopment activities to enable construction, rehabilitation, or preservation of affordable rental housing projects serving very low-income families.
