Cupertino Rental Assistance Program
Earnin is grateful for the opportunity to partner with the City of Cupertino to distribute rental assistance to eligible Cupertino renters affected by the negative financial impacts of COVID-19.
Each selected household will receive up to $2,000 over a four-month period in monthly installments of $500. Applicants will be entered into a lottery and approximately twenty-five (25) households will be chosen for final approval upon verification of eligibility. Beginning October 1, 2020, each selected household will receive up to $2,000 over a four-month period in monthly installments of $500. Recipients are required to repay the rental assistance beginning six months after the first payment is received on a schedule of $200 per month over the course of 10 months. Earnin will not be accepting or imposing any form of tips, fees, or interest and all repaid funds will be returned to the City of Cupertino.
All renters in Cupertino who fall on or below the 100% Area Median Income (AMI), and have experienced a financial impact due to COVID-19 on or after March 1, 2020 are eligible to apply. Applications are limited to one per household (households consist of one or more persons who may or may not be related in a single housing unit).
Note that AMI will be calculated by projecting the household’s annual income from March 1, 2020 to February 28, 2021 to account for the financial impact of COVID-19.
|Household Members||Area Median Income|
Application will be open from August 20 at 12PM PST to August 27 at 5PM PST.
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