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House Financial Services Chair Maxine Waters (D-CA) and Representative Denny Heck (D-WA) recently announced the introduction of the Emergency Rental Assistance and Rental Market Stabilization Act of 2020, which would create a $100 billion emergency rental assistance fund to ensure that lower-income households remain housed during the coronavirus pandemic. Senate Banking, Housing, and Urban Affairs Ranking Member Sherrod Brown (D-OH) is introducing the Senate version of the bill.
