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File #: 24-086    Version: 1
Type: Presentation Status: Agenda Ready
File created: 1/30/2024 In control: Board of County Commissioners Study Session
On agenda: 2/27/2024 Final action:
Title: 2:00 PM *Emergency Rental Assistance Update
Attachments: 1. Board Summary Report
Date Ver.Action ByActionResultAction DetailsMeeting DetailsAudio/Video
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To: Board of County Commissioners

Through: Katherine Smith, Director, Community Resources

Prepared By:
prepared
Elizzebeth Loomis, Division Manager, Community Development, Housing and Homeless Services, Community Resources
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presenter
Presenter: Elizzebeth Loomis, Division Manager, Community Development, Housing & Homeless Services, Community Resources
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Subject:
title
2:00 PM *Emergency Rental Assistance Update
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Purpose and Request:
recommended action
The purpose of this drop-in is to review current data with the Board of County Commissioners and request further direction on the program's next steps.
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Background and Discussion: Arapahoe County received two allocations of Emergency Rental Assistance (ERA) named ERA I and ERA II. Arapahoe County is currently in the process of spending our fourth "tranche" of ERA II funding. As of February 9, 2024, Arapahoe County has currently spent $10,747,182.68 of our ERA allocation with a remainer of $ 3,040,271.12. The administrative cap is set at 15 % of overall ERA funds leaving the County with $245,290.14 for the remainer of the grant cycle The administrative funds are projected to last through early November of 2024, this will place a hold on the department's capacity to process applications.
Arapahoe County's ERA program has expended 78% of our award funds and has served the following with retrospective rental assistance, prospective rental assistance, and utility assistance for program years 2022 and 2023:

Program Year
First time Applicants to Rental and Utility Assistance
Returning Applicants for Rental and Utility Assistance
2022
1,640 individuals
3293 individuals
2023
537 individuals
1001 individuals
*Over 1,800 plus applications were turned down in program year 2023 for not meeting program requirements.

With the September 30, 2025, grant closure date approaching, Community Resources would like to present three additional options from the U.S. Treasury to utilize ERA II funds:

* A...

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