New tool for landlord and tenant emergency assistance


New tool for landlord and tenant emergency assistance

The lingering financial trauma from the pandemic continues to impact renters who cannot pay their rent or utilities and landlords who may be unable to keep up with their maintenance, insurance or mortgage costs because of the lack of rental income. The Consumer Financial Protection Bureau (CFPB) recently created an online tool to make it easier for both renters and landlords who have been impacted by the pandemic to find assistance programs and apply for help.

The Rental Assistance Finder, available at www.consumerfinance.gov/renthelp, connects renters and landlords with the state and local programs that are distributing billions of dollars in federal assistance nationwide to help renters stay housed during the pandemic. The federal government allocated more than $46 billion to assist households with rental costs. The funds are being distributed by state, local, tribal and other programs.

The CFPB site includes information about how to qualify for assistance and a link to find a housing counselor in your area who can provide individualized advice.

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