Renters: Help Is On The Way

Graphic of neighbors on apartment balconies

(Image credit: Getty Images)

published 11 March 2021

The $1.9 trillion stimulus package signed by President Joe Biden allocates $21.55 billion to the Emergency Rental Assistance program to provide rent assistance for those in need.

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Eligible recipients can use the funds to pay for rent, utilities and other energy costs. To qualify, your household must not exceed 80% of your area’s median income and at least one member of your household must have qualified for unemployment or experienced financial difficulties because of the pandemic. You can receive up to 12 months of assistance, plus an additional three months if you’re at risk of homelessness. Maximum payouts may be determined by your state or local housing assistance program.

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Rivan joined Kiplinger on Leap Day 2016 as a reporter for Kiplinger's Personal Finance magazine. A Michigan native, she graduated from the University of Michigan in 2014 and from there freelanced as a local copy editor and proofreader, and served as a research assistant to a local Detroit journalist. Her work has been featured in the Ann Arbor Observer and Sage Business Researcher. She is currently assistant editor, personal finance at The Washington Post.