LA (STL.News) Gov. John Bel Edwards announced the launch of a new program that will provide financial assistance to Louisiana renters and landlords experiencing financial hardship as a result of the COVID-19 pandemic. The program is funded through the federal Coronavirus Response and Relief Supplemental Appropriations Act, 2021 (H.R. 133). This relief package includes $25 billion for emergency rental assistance, of which $161 million has been allocated to the state to provide assistance in 57 Louisiana parishes.
The Louisiana Housing Corporation, in partnership with the Louisiana Office of Community Development, will administer the state program. In addition, the law allowed local jurisdictions with populations over 200,000 to apply for and receive direct allocations from the U.S. Treasury. In Louisiana, seven jurisdictions—Caddo, Calcasieu, East Baton Rouge, Jefferson, Lafayette, Orleans and St. Tammany parishes—did so and will administer their own programs.
“We know many Louisiana renters are in jeopardy of eviction due to financial circumstances as a result of the current pandemic, and we want to prevent that,” said Gov. John Bel Edwards. “At the same time, we know many rental property owners are also being impacted. This program is designed to help provide much needed relief to both landlords and renters during this challenging time.”
The state-administered program will focus on paying rental arrears, or past-due rent, and up to three months of future rent for eligible applicants.