Rental assistance program deadline approaching
INDIANAPOLIS (Inside INdiana Business) — Indianapolis residents wanting to take advantage of the city’s Rental Assistance Program have a short time left to apply. The city says the deadline for applications is 5 p.m. Wednesday for residents, and 5 p.m. December 9 for landlords to complete their portion of the application.
The program was originally set in motion in July with $15 million from the CARES Act and $5 million from the Indianapolis-based Lilly Endowment.
“The Rental Assistance Program has made a tangible difference for thousands of Indianapolis families,” said Mayor Joe Hogsett. “But we know the need is greater than what we can offer with the existing CARES Act funds. We continue to implore Congress to step up and make sure homeowners, renters, business owners, and workers are protected from financial ruin.”’
The city says residents may submit names after December 2 in the event that more federal funding is made available for rental assistance, which can be done at indyrent.org.
The city says more than $26 million in rental assistance has been approved for more than 12,000 households, and anticipates distributing the full $30 million allotment by the end of the year. The city is required to spend the full $168 million from the federal CARES Act by December 30.