The Consumer Financial Protection Bureau has launched a new rent assistance tool to help tenants and landlords find help in their specific location. The new device will enable users to filter assistance programs by location to find support near them. This new tool was released just three days before the first initial expiration date for the Centers for Disease Control and Prevention’s eviction moratorium. The new expiration date of the CDC eviction order is October 3rd, 2021.
Recently, the CFPB is warning landlords and consumer reporting agencies that they will be held responsible for reporting any misleading or inaccurate eviction information about tenants. With the pandemic, there has been a surge of evictions, and across the country and in Central Florida, emergency rental assistance has been slow to reach people in need. In early May, the Treasury Department issued guidance clarifying programs to offer service directly to eligible tenants where landlords refuse to participate.
According to the National Low Income Housing Coalition, a quarter of all ERA programs across the county allow for divert-to tenant assistance. The report also recommends several ways in which state and local programs can better serve renters directly. For this report, please click here.
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For CFPB’s new rent assistance tool, please click here.