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Housing Call: April 7, 2020

Call Notes:

Around the State

House Select COVID 19 Committee

NC Courts – Proceedings Postponed Until June 1 

National

CARES Act Resources:

CDBG Info 

Tranche (timeline) Amount (National) Amount to NC Uses
#1 – 45 days of enactment $2 billion $47.1 million

Entitlement areas – $28 million

Normal CDBG uses; 15% public services cap is waived

Examples: rental payments, mortgage payments

#2  $1 billion TBD Normal CDBG uses
#3 (rolling basis) $2 billion TBD  TBD – intended to be for highest risk areas, hot spots

 

CARES Act HUD Allocations – CDBG, ESG & HOPWA

Small Business Administration – Paycheck Protection Program

Other Nonprofit Resources

USDA Rural Housing Division – COVID-19 Responses

Resources/Reports

National Low Income Housing Coalition – The Need for Emergency Rental Assistance During the COVID-19 and Economic Crisis

NAACP – “Ten Equity Implications of the Coronavirus COVID-19 Outbreak in the United States”

National Bureau of Economic Research “Housing Discrimination and Pollution Exposures in the United States” 

NYU Furman Center – “What Are the Housing Costs of Households Most Vulnerable to Job Layoffs” 

Recommended read

Policy Update 4-1-20

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