SERA Phase 2 ProgramLISTENING SESSIONSSERA Phase 1 Update65 million availableCounty 300 families and 218 landlordsCity 930 families and 562 landlordsTOTAL1230 families and 780 landlordswwwshraorgsera ID: 871633
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1 Sacramento Emergency Rental Assistance
Sacramento Emergency Rental Assistance (SERA) Phase 2 Program LISTENING SESSIONS SERA Phase 1 Update $6.5 million available County: 300 families and 218 landlords City: 930 families and 562 landlords TOTAL: 1,230 families and 780 landlords www.shra.org/sera Renta
2 l Assistance: Federal and State Legislat
l Assistance: Federal and State Legislations Federal December 27, 2020 $900 billion Stimulus Bill. $25 billion for rental assistance from Dept of Treasury County: $30.8 million City: $15.2 million State January 29, 2021 SB 91. $2.6 billion for rental assistance f
3 rom State HCD Rental Assistance: Regulat
rom State HCD Rental Assistance: Regulatory Requirements State provided 3 Options: 1. State Program o State administers federal allocation and state allocation 2. Self - Administered Program o Local jurisdiction receives a state block allocation o Administer progra
4 m consistent with state and federal pr
m consistent with state and federal program requirements 3 . Self Administered and State Administered Program o Local jurisdiction administers their own federal allocation. o Not eligible for block grant o State runs own program Rental Assistance: Chosen Option
5 Option 2: CHOSEN Self - Administered
Option 2: CHOSEN Self - Administered Program Local jurisdiction receives a state block allocation County: $33.2 million City: $16.4 million Administer program consistent with state and federal program requirements Rental Assistance: Federal and State Funds
6 Federal Funds State Funds County $ 30.8
Federal Funds State Funds County $ 30.8 million $ 33.2 million City $ 15.2 million $16.4 million Sub - Total $46 million $49.6 million TOTAL $95.6 million Rental Assistance: Federal Guidelines 1. Assist families with current gross household income at or below 80% A
7 rea Median Income (AMI) Family of: 1 2
rea Median Income (AMI) Family of: 1 2 3 4 5 80% of AMI $48,350 $55,250 $62,150 $69,050 $74,600 Rental Assistance: Federal Guidelines 2. Renter households must have at least one member that: e q ualified for unemployed benefits, OR e has experienced a redu
8 ction in household income, incurred sig
ction in household income, incurred significant costs, OR e experienced a financial hardship due to COVID - 19 . 3. Household must demonstrate a risk of being un - housed or housing instability. Rental Assistance: Federal Guidelines Prioritization e Househol
9 d earns up to 50 percent AMI e Been un
d earns up to 50 percent AMI e Been unemployed for 90 days prior to the application date e Prioritize rental arrears Family of: 1 2 3 4 5 50% of AMI $30,250 $34,550 $38,850 $43,150 $46,650 Rental Assistance: Federal Guidelines Can pay rental and utility a
10 rrears Can pay 3 months prospective ren
rrears Can pay 3 months prospective rent Landlords can apply on behalf of their tenants. Tenants can apply for themselves Rental Assistance: Federal Guidelines Expend 65% of the federal funds by September 30 th . 100% funds expended by the end of this year .
11 Subsidized households can be assisted b
Subsidized households can be assisted but no duplication of assistance Federal and State Guidelines Condition of receiving state funds through SB 91 e Must meet state guidelines as an overlay to federal guidelines e Extends state eviction moratorium to June 30, 20
12 21 Rental Assistance: State Guidelines A
21 Rental Assistance: State Guidelines April 1, 2020 through March 31, 2021 Landlords paid 80 percent of the tenant’s rental arrears Landlords accepts this payment as payment in full of any unpaid rent for that period . If the landlord does not participate
13 in the program e Tenant can apply fo
in the program e Tenant can apply for 25 percent of their rental arrears Rental Assistance: State Guidelines Allows prospective payments of 25% of monthly rents for April, May and June, 2021 No cap on rental arrear payments Rental arrears must be paid first Im
14 migration status does not impact househo
migration status does not impact household eligibility Sacramento Emergency Rental Assistance Program (SERA Phase 2) Funds must be administered to families in 3 rounds: e Round 1: B elow 50 percent AMI and unemployed for 90 days e Round 2: B elow 80 percent
15 AMI and in a community disproportionat
AMI and in a community disproportionately impacted by COVID - 19 e Round 3: B elow 80 percent AMI and not addressed in R ounds 1 & 2 SERA Phase 2: Community Engagement Ongoing outreach to organizations, landlords, tenants Ongoing engagement with community p
16 artners e Complete applications, submit
artners e Complete applications, submit documentation Outreach to communities most impacted by COVID - 19 e Which communities do you recommend? e Organizations serving these communities? Anticipated Timeline City Council meeting February 16, 2021 Board of Superv
17 isors Meeting February 24, 2021 Communit
isors Meeting February 24, 2021 Community Meetings February 2021 Application Period Open February 25 - March 19, 2021 Expend all state funds August 1, 2021 Expend at least 65% of Federal funds September 30, 2021 Expend 100% of Federal and State Funds December 30, 2