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pdfDEPARTMENT OF THE TREASURY
WASHINGTON, D.C. 20220
TO:
Alex Goodenough, Office of Information and Regulatory Affairs
FROM:
Ryan Law, Deputy Assistant Secretary for Privacy, Transparency, and Records
SUBJECT:
Justification for Emergency Processing: Emergency Rental Assistance
Program
Pursuant to the Office of Management and Budget (OMB) procedures established at 5 C.F.R. §
1320.13, the Department of the Treasury (Treasury) requests emergency processing for the
Emergency Rental Assistance Program (ERA2) information collection request.
On March 11, 2021, the President signed the American Rescue Plan Act of 2021 (the “Act”),
Pub. L. No. 117-2. Title III, Subtitle B, Section 3201 of the Act provides $21.55 billion for the
U.S. Department of the Treasury (Treasury) to make payments to States (defined to include the
District of Columbia), U.S. Territories (Puerto Rico, U.S. Virgin Islands, Guam, Northern
Mariana Islands, and American Samoa), and certain local governments with more than 200,000
residents (collectively the “eligible grantees”) to provide financial assistance and housing
stability services to eligible households and cover the costs for other affordable rental housing
and eviction prevention activities for eligible households.
Section 3201(d)(1) requires the eligible grantees to use the funds to provide financial assistance
and housing stability services to eligible households and cover the costs for other affordable
rental housing and eviction prevention activities for eligible households. Section 3201(c)(1)
provides that not later than 60 days after March 11, 2021, the Secretary shall pay each eligible
grantee not less than 40% of each grantees’ total allocation. Treasury intends to begin making
payments as soon as possible given the urgent need for the funds being disbursed.
Due to the need to make payments expeditiously to the eligible grantees under section 3201,
Treasury requests emergency processing and OMB approval on 4/15/2021 for the Recipient
Payment Information form and Acceptance of Award Terms form.
File Type | application/pdf |
File Modified | 2021-04-14 |
File Created | 2021-04-13 |