The economic fallout from the COVID-19 pandemic has underscored the precarious situation of renters in the US and the routine risk of eviction when hardship strikes. Millions of renters faced financial hardship even before the pandemic, and these hardships and eviction risks are connected to structural racism. Racial disparities in incomes, homeownership rates, and personal savings all disproportionately protect white households and leave households of color—especially Black mothers—exposed. Anticipating that renters’ risks of financial hardship and eviction will continue after eviction moratoria end, this essay envisions a federal program that assists renters in resolving discrete, indefinite, and structural hardships without loss of housing or accrual of high-cost debt. This essay is part of the Opportunity for All project.