The Child Tax Credit is a tax benefit that provides money to support families for every child in their care. In 2021, it was expanded and is now available to most families with a child 17 or under.
The 2021 American Rescue Plan increased the Child Tax Credit (CTC) from $2,000 per child to $3,000 per child for children over the age of six and from $2,000 to $3,600 for children under the age of six, and raised the age limit from 16 to 17.
HUD is working with public housing authorities (PHAs), multifamily housing property managers, resident services providers, housing counselors, Continuums of Care (CoCs), victim service providers, and tribal organizations to promote CTC resources in an effort to reach the 1.6 million HUD-assisted households with children and thousands of families experiencing homelessness. HUD is also working with AmeriCorps to help enroll HUD-assisted families for CTC and the U.S. Department of Health and Human Services (HHS) to provide navigator trainings to victim service providers to reach survivors of domestic violence, dating violence, sexual assault, and human trafficking.
To amplify efforts, HUD is making free resources available to help its stakeholders and its customers to promote and learn more about the CTC payments.
Advance CTC payments will not affect any government benefits already received, including federal housing assistance.