Since it was enacted at the end of 2020, the Federal Emergency Rental Assistance (ERA) program has helped millions of renters get caught up on rent payments. A new analysis from the Harvard Joint Center for Housing Studies, The Short-Term Benefits of Emergency Rental Assistance, finds that this assistance is also associated with improved financial well-being and mental health. While many ERA recipients still have difficulty meeting household expenses, they are much less likely to be behind on rent, to borrow from friends or family, to experience food insecurity or to report poor mental health.