In March of 2021, the Michigan State Housing Development Authority (MSHDA), using Covid relief funds from the federal government, created the Covid Emergency Rental Assistance (CERA) Program. This program is run through local non-profit organizations, and provides rental assistance for up to 15 months.
The basic requirements for the CERA program are straightforward:
- A tenant must make less than 80% of the area median income
- Must have suffered a financial hardship as a result of Covid,
- Must be at risk of homelessness or housing instability.
If a tenant is approved, they can receive rental assistance for up to 15 months, with the amount per month being their monthly rent, capped at 150% of the fair market rent for the area, as determined by the U.S. Department of Housing and Urban Development.
Learn more here!
Get Started Today: Schedule Your Consultation!
If you’re facing eviction after moratoriums ending, there’s financial assistance available to you. Contact our real estate attorneys in Ann Arbor to answer your questions. 734-665-4441
No comments:
Post a Comment