| RERAP 1 | RERAP 2 |
---|
Federal Source | U.S. Treasury, Dec. 2020 | U.S. Treasury, March 2021 |
Ocean County Allocation | $18 million | $14 million |
High Needs grantee allocation | n/a | $4.8 million |
Timing | Open: April 2021 Close: Sept 30, 2022 | Anticipated Open: Tentatively Feb 1, 2022 Anticipated Close: Sept. 30, 2025 |
Eligibility | Renter households that:- Are in Ocean County
- Income at/below 80 percent Area Median Income (AMI)
- Household member has qualified for unemployment, has experienced a reduction in household income, incurred significant financial impact due to COVID 19 public health emergency
- Risk of housing instability or homelessness
| Renter households that:- Are in Ocean County
- Less than 80 percent AMI
- Household member has qualified for unemployment, has experienced a reduction in household income, incurred significant financial impact during or due to COVID 19 public health emergency
- Risk of housing instability or homelessness
|
Period of Assistance | March 13, 2020 forward | Same |
Method of Income determination | 2020 annual income, or two months of monthly income. Documented by: Paystubs W2 T2020 tax filing Bank statements Written attestation
Categorical eligibility via other federal assistance programs | Same, including written attestation of unemployment |
Financial hardship | Tenant application must describe a reduction in household income due to COVID 19 public health emergency. | Tenant application must describe a reduction in household income during or due to COVID 19 public health emergency. |
Priority of Assistance | Priority 1: Household at 50 percent AMI, and, households with a member qualified for unemployment during/for 90 days
Priority 2: Households at 80 percent AMI | No change |
Award Guidelines | 12 months of arrears, 3-months prospective rent
15 months total, max award of $26,610
Arrears will be awarded before prospective rent is considered.
A tenant may request prospective rent only if they are not in arrears. | 18 months of arrears and prospective, no maximum cap (inclusive of RERAP 1 and 2 combined.)
Prospective rent may be awarded regardless of arrears
Other expenses related to maintaining housing such as: Prospective relocation fees Rental security deposits Application and screening fees |
Who may apply | Tenant or Landlord may apply | Tenant or Landlord may apply |
Payment | Grant agreement signed by Tenant and direct payment to Landlord | Direct payment to Tenant or Landlord Direct to Tenant payments will include signature of both Tenant and Landlord |
Duplication of Benefits | Not allowed. Tenant must attest that they do not receive other rental assistance. | An attestation will be included in the Grant Agreement. |