Rent Assistance Nonprofit Must Spend Federal Funds Before End Of Month
Restore Hope Ministries is going through thousands of applications for rent assistance as a major deadline approaches.
Officials have to spend the COVID-19 relief money by Wednesday, Dec. 30.
Restore Hope Ministries has helped with rent assistance for 25 years. Executive director Jeff Jaynes said last year they paid $305,000 to help people stay in their homes.
“’Honestly,’ I said, ‘that’s not sustainable.’ We can’t keep that up,” Jaynes said.
Jaynes said they have paid $3.3 million since May 1. $1.5 million of those dollars came from the CARES Act.
When it ends, Jaynes said it is going to take away a major level of support.