SAVE THE DATE!
Virtual Community Development Day in Annapolis
February 17, 2021
(Maryland General Assembly kicks off January 13!)
BLOCK YOUR CALENDARS NOW.
DETAILS AND REGISTRATION NEXT WEEK
SIGNED, SEALED AND DELIVERED!
After months of negotiations and days of holiday angst, the stimulus package
was approved by Congress and signed by the president. The bill includes
checks of up to $600 per person, extension of unemployment benefits,
$25 billion in emergency assistance to renters and a one-month
extension on the eviction moratorium.
Summary from the National Housing Trust below:
- $25 billion through the Coronavirus Relief Fund (CRF) to provide state and local governments within 30 days of enactment. Funds may be used for past and future rent and utility payments. Assistance can be provided for 12 months. States and localities can add three months of assistance.
- Under the legislation, cities and states can make payments directly to landlords or utility companies on behalf of renters. If a landlord refuses to accept the rental assistance, cities and states can give assistance directly to the renter, who can then make payments to the landlord or utility provider.
- Extends the CDC eviction moratorium until January 31, 2021.
- Extends the deadline to December 31, 2021 for funds provided by Congress in the CARES Act through the CRF.
- Establishes a permanent floor for the 4 percent LIHTC.
- Establishes a $9 billion Emergency Capital Investment Program (ECIP), administered by the Treasury Department, to provide low-cost, long-term capital investments to minority depository institutions (MDIs) and CDFIs that are depository institutions.
- Provides $3 billion to the CDFI Fund to provide grants and other financial assistance to CDFIs, including CDFI loan funds, as they serve consumers, small businesses, and nonprofits in their communities.
National Low Income Housing Coalition’s det
ailed state breakdown and fact sheet.
The stimulus bill also includes $7 billion in to help lower-income Americans connect to the internet and pay their monthly internet bills and allocates about $3 billion for monthly rebates on internet bills, providing up to $50 per month for low-income families. Here is a summary from National Digital Inclusion Alliance. The bill will also focus on longer term efforts to support internet access, such as allocating funding to determine which regions lack access to high speed internet and improving infrastructure. The Federal Communications Commission (FCC) will be in charge of carrying out the program.
THERE’S NO PLACE LIKE HOME
On Monday, December 28, the housing rights coalition Renters United Maryland and several state lawmakers announced a Housing Justice Package for the 2021 legislative session. The package of bills includes an overhaul of Maryland’s
eviction process and new emergency restrictions on landlords as well as emergency protections for homeowners. Recent estimates from the
Chicago-based consulting firm Stout show that up to 204,000 Maryland
households could currently be at risk for eviction.
WE ARE FAMILY
Every child in Maryland should have the basics, and families should have support to survive the considerable stress and pain of the COVID-19 pandemic. Federal, state and local decision makers can take steps to ensure children and families to weather this crisis. Moreover, the devastating and disproportionate effects of the pandemic on communities of color have made it clear that the national response to this current situation must address the racial inequities long highlighted by the Annie E. Casey Foundation. Here is their Kids, Families and Covid-19 Report.