Emergency Rental Assistance — Notice Regarding Deadline to Obligate Reallocated Funds (September 29, 2022)

Summary

This U.S. Department of the Treasury notice, dated September 29, 2022, concerns the Emergency Rental Assistance (ERA1) deadline to obligate reallocated funds under the Consolidated Appropriations Act, 2021. It says the Act provides that ERA1 funds remain available through September 30, 2022 and that Grantees may request a 90-day extension for funds received through reallocation. It says Treasury has approved all pending requests, so Grantees may obligate reallocated funds received pursuant to a request through December 29, 2022. The notice states that reallocated funds not obligated or expended by December 29, 2022 must be returned to Treasury during the award closeout period, no later than 120 calendar days after that date.

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Issuer: Congressional materials
Document type: Department Of The Treasury Extensions Of The Deadline To Obligate Reallocated Era1 Funds H
Case: Department Of The Treasury Extensions Of The Deadline To Obligate Reallocated Era1 Funds Home Treasury Gov 129

Cite this document

“Emergency Rental Assistance — Notice Regarding Deadline to Obligate Reallocated Funds (September 29, 2022).” Original at home.treasury.gov. Archived at Pandemic Darlings, https://pandemicdarlings.com/source-documents/department-of-the-treasury-extensions-of-the-deadline-to-obligate-reallocated-era1-funds-home-treasury-gov-129/, SHA-256 c2fbecd98bc18dbc78ba4efe3f482a06c33c4ada2434a05e749c3787a7043515.

Full text

                           U.S. Department of the Treasury
      Emergency Rental Assistance Under the Consolidated Appropriations Act, 2021
               Notice Regarding Deadline to Obligate Reallocated Funds
                                  September 29, 2022
Section 501 of Division N of the Consolidated Appropriations Act, 2021 (Act) authorized the
Emergency Rental Assistance (ERA1) program and as amended by section 3201 of the American
Rescue Plan Act of 2021, provides that funds paid to state, territorial, local, and Tribal
governments (Grantees) participating in ERA1 program shall remain available through
September 30, 2022.

The Act also provides that Grantees may request a 90-day extension of the September 30, 2022
deadline for funds received through reallocation, subject to the approval of the U.S. Department
of the Treasury (Treasury).1 The Request for Reallocated Funds form submitted by all Grantees
seeking reallocated funds—either via the initial electronic form or through Treasury’s Portal—
includes language making this request. Accordingly, any Grantee that requested and received
reallocated funds has already requested an extension, and no further action is required.

Treasury has approved all pending requests for 90-day extensions of the September 30,
2022 deadline for ERA1 Grantees that were approved to receive reallocated ERA1 award
funds. Any Grantee that, prior to the date of this notice, has submitted a Request for Reallocated
Funds under the ERA1 program may obligate reallocated funds received pursuant to that request
through December 29, 2022.

This extension follows a prior approval of all pending extension requests Treasury announced on
July 27, 2022. Thus, any ERA1 Grantee that has received reallocated funds to date has
been approved for a 90-day extension of the September 30, 2022 deadline.

Any reallocated ERA1 award funds not obligated or expended by December 29, 2022 must be
returned to Treasury during the award closeout period, no later than 120 calendar days after
December 29, 2022. ERA1 award funds received through an initial allocation (i.e., not through
the reallocation process) that are not obligated or expended by September 30, 2022 must be
returned to Treasury during the award closeout period, no later than 120 calendar days after
September 30, 2022, even if the Grantee retains additional funds received through reallocation
that it may continue to obligate through December 29, 2022.

                                                    ***

If you have any questions, please contact us by email at
emergencyrentalassistance@treasury.gov. Include your ERA1 Grantee number and in the
Subject line add REALLOCATION.




1
 Treasury reiterated the statutory deadline and the allowance for extension requests in its ERA1 reallocation
guidance, available at https://home.treasury.gov/system/files/136/Updated-ERA1-Reallocation-Guidance%203-30-
%202022.pdf.

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Our copy: department-of-the-treasury-extensions-of-the-deadline-to-obligate-reallocated-era1-funds-home-treasury-gov-129.pdf
Original: home.treasury.gov