The U.S. Department of the Treasury announced the second round of reallocations from the Emergency Rental Assistance (ERA) program. Treasury redistributed just over $1 billion in funds to states, localities and tribes that have ongoing needs and have obligated most, if not all, of their ERA funding. Of the total reallocated, nearly half was voluntarily transferred from grantees to other grantees in the same state. The reallocations come from the initial $25 billion from the ERA 1 program.