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Texans behind on rent can soon seek aid from $1 3 billion assistance program

Texans behind on rent can soon seek aid from $1.3 billion assistance program Getty Images via CNN A renter who needs help holds a sign saying cancel rent. AUSTIN, Texas State officials plan to roll out a $1.3 billion rental assistance program for Texans struggling to keep up with housing payments during a shaky economic recovery from the coronavirus pandemic. The new program comes after a separate state initiative was criticized for its limited scope and because many landlords declined to participate. More than 1.6 million Texans had little or no confidence in being able to pay next month’s rent, according to a January survey by the U.S. Census Bureau.

Texas Tenants Behind On Rent Will Soon Be Able To Seek Aid From $1 3 Billion Assistance Program – Houston Public Media

Texas tenants behind on rent will soon be able to seek aid from $1 3 billion assistance program

Texas tenants behind on rent will soon be able to seek aid from $1 3B assistance program

State officials plan to roll out a $1.3 billion rental assistance program for Texans struggling to keep up with housing payments during a shaky economic recovery from the coronavirus pandemic. The new program comes after a separate state initiative was criticized for its limited scope and because many landlords declined to participate. More than 1.6 million Texans had little or no confidence in being able to pay next month s rent, according to a January survey by the U.S. Census Bureau. Assistance for the new program will only be available to households that make no more than 80% of the area s median income, which varies by county and by the number of members in a household. In 2020, for example, the threshold for a family of four in the Houston area was around $63,000.

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