The Vermont Emergency Rental Assistance Program (VERAP) was a short-term initiative, funded by an award from US Treasury to keep Vermont renters stably housed after being economically impacted by the COVID-19 public health emergency. To date, VERAP has provided $138,890,820 in rental assistance.
However, the federal allocation given to Vermont is running out. As a result, the state is ramping down the program to serve the most vulnerable Vermonters for as long as possible. The shifts in the program reflect that COVID-19 federal funding is not an endless resource and, rather than have renters face a financial cliff, a more gradual decrease will help the federal funds continue to support those most in need. Many other states have already concluded their emergency rental programs.
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