COVID 19 Relief Agreement

• Provides $25 billion in rental assistance through September 30, 2022, that will be allocated to states based on population
• Allows landlords to apply for funds on behalf of tenants
• Stipulates that payments may cover rent, utilities, and "other expenses related to housing"
• Directs states to prioritize families with incomes below 50% of area median income but doesn't set a requirement
• Excludes rental assistance from a recipient's income for federal tax purposes
• Extends the Centers for Disease Control and Prevention eviction moratorium through January 31, 2021.

Read more about federal COVID-19 relief measures on NAR's website.