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HomeMy WebLinkAboutExhibit BEXHIBIT "B" CITY OF MIAMI DEPARTMENT OF HOUSING AND COMMUNITY DEVELOPMENT EMERGENCY RENTAL ASSISTANCE PROGRAM Program Description: The Emergency Rental Assistance ("ERA") program was established by section 501 of Division N of the Consolidated Appropriations Act, 2021, Pub. L. No. 116- 260 (Dec. 27, 2020) (the "Act") to provide rental and utility relief to residents who has negatively been affected by the coronavirus pandemic. Source of Funding: US Department of the Treasury Amount to be provided: 1. 12 months of rent and utilities to include up to 3 months of prospective rent. 2. Maximum amount per household cannot exceed $24,000. Eligibility 1. Applicant must be City of Miami resident 2. At least one or more individuals of the household must meet the following criteria: Qualifies for unemployment or has experienced a reduction in household income, incurred significant costs, or experienced a financial hardship due to COVID-19; ii. Demonstrates a risk of experiencing homelessness or housing instability; and iii. Has a household income at or below 80 percent of the area median. Priority The following households will be given priority as per statute: 1. Households that include an individual who has been unemployed for 90 days or more prior to application for assistance. 2. Households with income at or below 50 percent of the area median Application Funds can be applied by: 1. An eligible household 2. A landlord on behalf of an eligible household Page 1 of 2 Required Documents: • State of Florida issued photo ID for all adult household members (age 18 and up) • Proof that a member of the applicant household lost his/her job or had a reduction in income after March 1, 2020. • Copy of current, executed lease agreement (signed by landlord and renter) • Proof of household income for all adult household members: o Pay -stubs o Unemployment benefits o Profit and loss statement for self-employed o Affidavit of no -income for those without any income o Social Security award statement • Copies of Utility Bill (water, electricity, gas etc) if payment is required. Application Process 1. Applications for the ERA can be submitted through the following: a. Online b. Paper application 2. Irrespective of the method of application, applicants will be required to submit complete documents online, by mail or through the department's drop box before the application will be processed. 3. Applications will be processed on first come, first ready, first serve. Payments All funds will be paid directly to the landlord and/or utility company except in cases where the landlord or utility company is unwilling to participate in the program in which case the payment can be made directly to the tenant as per regulations. Page 2 of 2