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

Summary

Treasury notice dated July 29, 2022 on the deadline to obligate reallocated funds in the Emergency Rental Assistance program (ERA1), created by Section 501 of Division N of the Consolidated Appropriations Act, 2021. ERA1 funds remain available to grantees through September 30, 2022, and grantees may request a 90-day extension for funds received through reallocation. Treasury says every grantee that requested and received reallocated funds has already asked for the extension through its reallocation request, and that it has approved all pending extension requests. Reallocated funds may be obligated through December 29, 2022 and must be returned if not obligated or expended by then; funds from a grantee's initial allocation must still be returned if not obligated or expended by September 30, 2022.

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Full text

                           U.S. Department of the Treasury
      Emergency Rental Assistance Under the Consolidated Appropriations Act, 2021
               Notice Regarding Deadline to Obligate Reallocated Funds
                                    July 29, 2022
Section 501 of Division N of the Consolidated Appropriations Act, 2021 (Act) authorizes the
Emergency Rental Assistance program (ERA1). As amended by Section 3201 of the American
Rescue Plan Act of 2021, the Act provides that funds paid to state, territorial, local, and Tribal
governments participating in ERA1 (Grantees) shall remain available to Grantees 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 submitted by all Grantees
seeking additional funds—either via the initial electronic form or the current application 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 funds received through reallocation. 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.

Any reallocated ERA1 funds not obligated or expended by December 29, 2022 must be returned
to Treasury at that time. ERA1 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 at that time, 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 emergencyrentalassistance@treasury.gov and include
your ERA1 Grantee number.




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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