Treasury Announces ERA1 Reallocation for Round 2

The Department of Treasury has announced the Round 2 reallocations for the Emergency Rental Assistance 1 (ERA1) funds. This was a reallocation of funds that were not used by the entities to whom the funds were initially allocated.

A total of $564,271,928 was reallocated – $78,381,533 from the State Pool and $485,890,395 from the National Pool.

Funds were reallocated to the following states: Alabama, Alaska, Arizona, California, District of Columbia, Florida, Idaho, Illinois, Louisiana, Maryland, Minnesota, Missouri, Nebraska, Nevada, New Jersey, New Mexico, New York, North Carolina, Ohio, Oklahoma, Oregon, Pennsylvania, South Dakota, Texas, Utah, Virginia, Washington, and Wisconsin.

The largest single reallocation went to the State of California ($136,442,353), and the smallest to the Bear River Band of the Rohnerville Rancheria in California ($1,482).

Treasury also announced the Voluntary Round 2 Reallocations. These are voluntary reallocations between separate entities. A total of $455,123,265 was moved in voluntary reallocations. The largest transfer was $51,233,576 from the State of Ohio to Cuyahoga County. Two states (Delaware and Wyoming) gave a total of $167,500,000 back to the National Pool.

Landlords wishing to assist residents struggling with rent in the states noted above should contact the appropriate ERAP agencies to review the possibility of obtaining additional assistance.