Covid-19: Help Is On the Way for Olmsted County Renters and Landlords
The Covid-19 Pandemic has hurt people in many ways. Some thru the virus, others...many others, the damage has come by way of the steps taken to keep the majority of people safe from the Coronavirus.
One group that's been hurt are renters and another is landlords. "No eviction" rules meant lost revenue for many landlords. The renter still owes the money, so they know that bill will come due and will likely be beyond their means.
Olmsted County released news today that help is on the way.
"The new rental assistance program is called COVID-19 Emergency Rental Assistance, which is operating under the banner of RentHelpMN. It will help eligible renters with overdue rent since April 2020, up to three months of upcoming rent at a time, and related utility payments. The program will be open for applications in the coming weeks."
Who counts as eligible renters? That's households that earned 80% of less of area median income in 2020 or the most recent month.
The thing here is, it's not just renters that can apply.
"Landlords will be able to apply on behalf of their eligible tenants as well. Detailed guidance will be published on this webpage as it becomes available. Be sure to sign up for updates on the COVID-19 Emergency Rental Assistance program to receive email updates about when the program will open and how to apply." (CLICK HERE TO SIGN UP)
Virtual Help Sessions
Minnesota Housing will hold virtual information sessions so you can get all your questions answered. Please note: the COVID-19 Emergency Rental Assistance eNews sign-up link doesn't work in Internet Explorer. Please use Google Chrome, Microsoft Edge or Firefox.
- Tuesday, March 30 from 5:00 - 6:00 p.m. - REGISTER
- Wednesday, March 31 from 2:00 - 3:00 p.m. - REGISTER
This program is for renters and landlords only. A program for homeowners is expected spring of 2021. Homeowners can find current information about foreclosure prevention and forbearance here: Trouble Making Your Mortgage Payments?
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Decades from now, babies will have grown up and will Google, "What was teh big headline the year was born?" and it'll be the Coronavirus and the bad and the good that came of it. What was the big headline the year you were born? Scroll on to find out. But scroll slowly, for safety.