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Updated about 4 years ago,

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Kyle J.
  • Rental Property Investor
  • Northern, CA
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$2.6 billion in federal rent relief headed to California

Kyle J.
  • Rental Property Investor
  • Northern, CA
Posted

Just wanted to share some information that might help some small landlords who have tenants who haven't been able to pay their rent:

Gov. Newsom urges swift distribution of federal rent relief

Gov. Gavin Newsom on Wednesday pushed for the rapid distribution of $2.6 billion in federal rent relief headed to California from the latest COVID-19 economic stimulus package.

Newsom’s office said the funds will help both low-income Californians and small-scale landlords struggling financially from the pandemic.

Read the full news release here: https://caanet.org/gov-newsom-urges-swift-distribution-of-federal-rent-relief

Unlike the stimulus money, if eligible, these funds will be paid directly to the landlord!

The above news release has a link to some FAQ that will probably answer most of your questions.  (I believe you might need to be a member of CAA to view them, but I assure you it's worth it.)  However, here's a brief snippet from that document that will probably answer a few of the more common questions, for those of you who can't read it directly: