STATEMENT OF PURPOSE
RS28537 / H0176
This is an FY 2021 supplemental appropriation bill for the Executive Office of the Governor. It provides
$175,746,400 onetime for federal Emergency Rental Assistance funding from the COVID-19 Relief bill signed
into law on December 27, 2020. According to guidance provided by the U.S. Treasury, funding is to be used
for financial assistance to address housing costs that renters are unable to meet as a result of the COVID-19
outbreak. Allowable costs include rent, utilities, and home energy costs (including those in arrears). Funding
would be provided directly to eligible grantees (landlords, apartment owners, property managers, etc.) rather
than to individual renters.
The Executive Office of the Governor proposes to contract with the Idaho Housing and Finance Association
to administer the program on a statewide basis. Section 2 of this act requires that the Executive Office of the
Governor allocate funds to the association on an as-needed basis in increments not to exceed $10,000,000.
Other requirements include methods to verify non-duplication of benefits; reporting to the Legislature and
Legislative Services Office; and external auditing. Funding is available until December 31, 2021, and state or
local matching funds are not required.
FTP Gen Ded Fed Total
FY 2021 Original Appropriation 21.00 2,268,100 2,000,000 0 4,268,100
7. COVID Relief Act - Rent Assistance 0.00 0 0 175,746,400 175,746,400
FY 2021 Total Appropriation 21.00 2,268,100 2,000,000 175,746,400 180,014,500
Chg from FY 2021 Orig Approp 0.00 0 0 175,746,400 175,746,400
% Chg from FY 2021 Orig Approp. 0.0% 0.0% 0.0% 4,117.7%
Budget and Policy Analysis
DISCLAIMER: This statement of purpose and fiscal note are a mere attachment to this bill and prepared by a proponent
of the bill. It is neither intended as an expression of legislative intent nor intended for any use outside of the legislative
process, including judicial review (Joint Rule 18).
Statement of Purpose / Fiscal Note Bill SOP/FN INTRODUCED: 02/16/2021, 8:19 AM