For rent sign. (Credit: Realtor.com)
Brick Township was one of dozens of municipalities in New Jersey to receive federal grant funding to help residents facing eviction due to the financial crisis spurred by the coronavirus pandemic.
The $494,766 grant was announced Monday by the federal Department of Housing and Urban Development. The funds will arrive in the form of Community Development Block Grants (CDBG) issued to the township.
“The Trump Administration has maintained that no one should risk losing their home due to the coronavirus,” said Secretary Ben Carson in a prepared statement. “We’ve taken several actions since the beginning of this pandemic to keep Americans in their homes. Today, we announce additional aid to the communities that need it the most. These funds can help households struggling to meet their rental or mortgage obligations to stay afloat as our nation continues to recover from the coronavirus pandemic.”
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The funds can be used to provide temporary financial assistance to meet rental obligations for up to 6 months. The funds are focused toward places with households facing higher risk of eviction. Specifically:
- Communities with high rates of individuals in industries with high job loss in states with high unemployment.
- Communities with high rates of businesses in industries with high job loss in states with high unemployment.
- Concentrations of those most at risk for transmission and risk of eviction, with higher amounts for states with high rates of coronavirus.
The township has yet to announce its plans for disbursing the funds, whether directly or through a nonprofit organization. Shorebeat will report back when that announcement is made.
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