Governor John Bel Edwards announced this morning the creation of a rental assistance program bolstered with over $25-million in money from the Federal Government.
This new program will provide financial assistance to Louisiana renters and landlords experiencing financial hardship as a result of the COVID-19 pandemic. The program is funded through the federal Coronavirus Response and Relief Supplemental Appropriations Act, 2021.
This relief package includes $25 billion for emergency rental assistance, of which $161 million has been allocated to the state to provide assistance in 57 Louisiana parishes.
Louisiana Housing Corporation, in partnership with the Louisiana Office of Community Development, will administer the state program. In addition, the law allowed local jurisdictions with populations over 200,000 to apply for and receive direct allocations from the U.S. Treasury. In Louisiana, seven jurisdictions—Caddo, Calcasieu, East Baton Rouge, Jefferson, Lafayette, Orleans and St. Tammany parishes—did so and will administer their own programs.
“We know many Louisiana renters are in jeopardy of eviction due to financial circumstances as a result of the current pandemic, and we want to prevent that,” said Gov. John Bel Edwards. “At the same time, we know many rental property owners are also being impacted. This program is designed to help provide much needed relief to both landlords and renters during this challenging time.”
The state-administered program will focus on paying rental arrears, or past-due rent, and up to three months of future rent for eligible applicants. Priority will be given to households where at least one member has been unemployed for more than 90 days due to COVID-19, and to households earning less than 50 percent of the Area Median Income, as required by the law.
Louisiana renters may be eligible for assistance from the state-administered program if they meet all of the following criteria:
• They qualify or previously qualified for unemployment benefits, or experienced an income reduction or other financial hardship due to COVID-19.
• They are not current on rent payments or at risk of eviction.
• Their total household income is at or below 80 percent of the area median income.
Information on AMI income levels by parish can be found at www.LAStateRent.com.
Louisiana landlords may apply on their tenant’s behalf. To participate in the program, landlords must not evict a tenant for at least 60 days after the assistance ends and must forgive late fees, penalties, interest and court costs.