On behalf of the National Housing Conference (NHC), I would like to commend President-elect Joseph Biden for moving quickly to put forth a comprehensive plan to introduce additional emergency rental assistance. As industry leaders have expressed, the first $25 billion was a significant down payment towards the rental crisis, but research has proven an additional $25 billion is certainly needed. President-elect Biden’s plan, coupled with the U.S. Department of Treasury’s efforts to expeditiously provide funds to states and localities, represents monumental steps in the right direction.