IHCDA COVID-19 update: A message from Jake

From Jake's Desk
Happy New Year

IHCDA COVID-19 update: A message from Jake

The big news out of Washington, D.C. this week is that the President signed the $900 Billion Coronavirus Relief Bill. This includes direct stimulus checks of $600 per adult in certain income thresholds along with the same amount for children.

It also provides an extension of the enhanced unemployment insurance benefits for up to $300 per week and lengthens the maximum number of weeks.

Additionally, the bill extends the CDC’s eviction moratorium, which was set to expire today, until January 31, 2021. The US Department for Housing and Urban Development (HUD) has put together a COVID-19 housing resources page that includes information on the eviction moratorium. It can be found here.

The bill also includes $25 billion in rental assistance. As a result, Indiana is scheduled to receive an estimated $448 million in rental assistance funding from the US Department of Treasury.

The State of Indiana is working closely with the US Department of Treasury to better understand this new emergency rental assistance program and the timing of when the funding will become available to distribute. From the information we have received so far, it appears to have several key differences from the previous COVID-19 rental assistance programs offered in Indiana.

I encourage any Indiana household that has been financially impacted by COVID-19, if they have not already, to subscribe and receive updates on housing and utility assistance programs here. As we have done since we introduced this list serve back in September, we will communicate information to subscribers about housing assistance programs, including the new rental assistance program, as it becomes available.

On behalf of the entire team here at IHCDA I want to wish you a safe and healthy New Year. Thank you for your continued partnership and support. We are #INthistogether.

Signature

J. Jacob Sipe
Executive Director

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