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American Rescue Plan Act Includes Critical Expansions of Child Tax Credit and EITC | Center on Budget and Policy Priorities

March 15, 2021 Two key tax credit provisions in the American Rescue Plan Act will provide significant help to those on the fault lines of some of the pandemic’s worst economic effects. People who have lower incomes, are Black or Latino, have less than a college education, or work in face-to-face service occupations have long faced barriers to high-paying jobs and opportunity, which the pandemic and its economic fallout have widened. The Act’s temporary provis...
United States District Of Columbia New Mexico West Virginia South Carolina New York
Source: cbpp.org

Health Provisions in American Rescue Plan Act Improve Access to Health Coverage During COVID Crisis

March 10, 2021 The American Rescue Plan Act includes several vital provisions that would make comprehensive coverage more affordable and accessible for millions of people. The COVID-19 relief law enhances for two years premium tax credits available through the health insurance marketplaces, boosts financial incentives for additional states to rapidly expand Medicaid, and takes other steps to improve access to health coverage during the health and economic crisis. Consistent ...
United States South Carolina New Mexico West Virginia New York New Hampshire
Source: cbpp.org

An Agenda for the Future of Public Housing | Center on Budget and Policy Priorities

Improve Services for Residents Proposal Drawing on lessons learned from existing programs and partnerships outside of HUD, develop and fund a new strategy to provide support services to public housing residents and other rental assistance recipients. Background Given households’ low average income and where developments are located, public housing residents often lack financial resources for or easy access to the same services available to people with higher incomes or living in resource-rich...
Department Of Housing Public Housing Operating Fund National Housing Trust Fund Capital Fund York City Housing Authority Center On Budget
Source: cbpp.org

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Housing Assistance in American Rescue Plan Act Will Prevent Millions of Evictions, Help People Experiencing Homelessness

Policymakers have taken several actions in recent months to mitigate housing-related hardship. The Trump Administration and Congress provided $25 billion for rental assistance in December’s COVID-19 relief package, for example, and the Biden Administration recently extended a Centers for Disease Control and Prevention order prohibiting most evictions through the end of March. This assistance, while substantial, will likely be enough to help only a fraction of the 13 million renters who have f...
United States Centers For Disease Investment Partnerships Program Emergency Solutions Trump Administration Department Of Housing
Source: cbpp.org

Policy Brief: An Agenda for the Future of Public Housing | Center on Budget and Policy Priorities

February 1, 2021 The nation’s public housing is a vital source of stable, affordable homes for more than 900,000 low-income households, of which a large majority have incomes below the poverty line and more than 70 percent are headed by a person of color. Public housing can deliver major benefits to the people it serves, not only helping them keep a roof over their heads but also potentially acting as a platform for services that improve other aspects of their lives and co...
Development Rental Assistance Demonstration Choice Neighborhoods Initiative Department Of Housing Urban Development Rental Assistance Demonstration Does Public Housing
Source: cbpp.org

Rescue Plan Protects Against Using Federal Dollars to Cut State Taxes | Center on Budget and Policy Priorities

The American Rescue Plan Act includes an important and novel provision: for every dollar that a state government spends on net tax cuts, it will lose a dollar of the federal fiscal aid it receives...
United States Treasury Department Coronavirus State Fiscal Recovery Fund American Rescue Plan Act Coronavirus State Fiscal Recovery Great Recession
Source: cbpp.org

American Rescue Plan Act Will Help Millions and Bolster the Economy | Center on Budget and Policy Priorities

March 10, 2021 The American Rescue Plan Act, which Congress has passed and President Biden is expected to sign on March 12, will provide needed help to tens of millions of people, reduce high levels of hardship, help school districts address student learning loss, and bolster the economy. The economy remains weak, the jobs recovery has lost momentum, and there are 9.5 million fewer jobs than in February of 2020. Black and Latino unemployment is 9.9 percent and 8.5 percent, r...
United States District Of Columbia Northern Mariana Islands New Mexico West Virginia South Carolina
Source: cbpp.org

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