Categories: U.S. Treasury

READOUT: Treasury Department Convenes Roundtable to Discuss the American Rescue Plan’s Historic Investments in Rental Assistance for AANHPI Communities

WASHINGTON – Today, ahead of Asian American, Native Hawaiian and Pacific Islander (AANHPI) Heritage Month, Chief Recovery Officer Jacob Leibenluft and Emergency Rental Assistance (ERA) Program Director Verónica Soto convened a virtual roundtable of tenants and local and national organizations to discuss the impact the American Rescue Plan’s (ARP) ERA program has made on Asian American, Pacific Islander, and Native Hawaiian renters and communities.  

ERA programs have made nearly 10.8 million household payments to families at risk of eviction, and the Treasury Department has reallocated over $4.8 billion of funds that may have otherwise gone unused, ensuring rapid deployment of resources to millions of families across the country.  

During the roundtable, tenants shared how they have benefited from ERA-funded programs and initiatives in their respective communities. Tenants and organizations also discussed ways to continue reducing barriers to accessing affordable housing services and best practices for keeping people in their homes. 

###

IR Press

Share
Published by
IR Press

Recent Posts

Treasury Targets Sanctions Evaders Supporting Key Hizballah Financial Advisor

WASHINGTON — Today, the U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC)…

2 days ago

Acting Senior Deputy Comptroller and Chief Counsel Testifies on Bank Mergers

WASHINGTON—Acting Senior Deputy Comptroller and Chief Counsel Ted Dowd today testified on the Office of…

2 days ago

Minutes of the Meeting of the Treasury Borrowing Advisory Committee April 30, 2024

The Committee convened in a closed session at the Department of the Treasury at 9:00…

3 days ago

U.S. Continues to Degrade Russia’s Military-Industrial Base and Target Third-Country Support with Nearly 300 New Sanctions

WASHINGTON — Today, the Department of the Treasury is taking action to further degrade Russia’s…

3 days ago

Report on Foreign Portfolio Holdings of U.S. Securities at End-June 2023

WASHINGTON – The final results from the annual survey of foreign portfolio holdings of U.S. securities at…

4 days ago