Community Development CommissionNov. 10, 2020

Item3_RENT_Update_CDC-110520 — original pdf

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HPD Program: RENT Assistance Program Program start date Relief of Emergency Needs for Tenants Assistance Program (RENT 2.0) began August 19, 2020 Target Recipient Populations • • Austin households experiencing financial hardships due to COVID-19* Focused Outreach to the following groups/neighborhoods: • • • • • • Low-income residents of Austin (Travis County) in targeted zip codes: 78741, 78704, 78721, 78744, 78752, 78723, 78751, 78722 People with Limited English Proficiency Veterans People with disabilities Large households or families with children African American/Black and Latinx(a/o) Funding Source(s) The RENT Program is funded through three primary funding sources: The Coronavirus Aid, Relief, and Economic Security (CARES) Act, CDBG-CV , and the City of Austin General Fund. Total Funding Amount $12,900,000.00 Total Funding Expended to date* $6,326,939.00 Expiration on Funding if applicable CARES Act only 12/31/2020 Self-Assessment of Performance (Grade A- D) A- Additional Notes *Austin households who have experienced a COVID-related income loss. *Total Funding Approved to date