A fourth COVID-19 relief cheque is something that many Americans around the nation are looking for.
Even though Congress has not taken any action to make one available, millions of people will nonetheless get a payout this month.
The reason for this is that certain states are disbursing money to their citizens, and the federal government has also offered money to help financially distressed homes.
Who will actually be receiving another payout this month, then? To learn more, read the following.
Currently, Maine and New Mexico are the two states whose inhabitants will get stimulus money in June.
Payments will be made to Maine residents who submitted their state tax forms for 2021.
The total of the checks is $850. An adjusted gross income of under $100,000 is required for single taxpayers to qualify, but an AGI of up to $200,000 is required for married joint filers to receive payments.
People who are listed as dependents are not eligible for financial assistance.
Payments are also anticipated to be transferred to New Mexico this month. Individual filers are eligible for $250, while joint filers are eligible for $500. In August, you’ll receive a second payment in the same amount.
Those who filed tax returns by May 31 will automatically get this money, and payments will be made.
Although there is still no assurance that this will happen, several other states are also thinking about making stimulus cash available.
Under the American Rescue Plan Act, nearly $10 billion was allocated for homeowner relief, and more than 40 states have since established HAF programmes to help distribute the funds.
Even if legislation to authorize payments this month is passed, likely, the money won’t reach bank accounts until the summer. These states include Pennsylvania, Kansas, Hawaii, Minnesota, Colorado, and other states.
Additionally, this month, certain homeowners may receive cash assistance. This might be funded by the Homeowner Assistance Fund (HAF). Nearly $10 billion was allocated for homeowner relief under the American Rescue Plan Act, and more than 40 states have since established HAF programs to help distribute the cash. By way of the Treasury Department, the money will be given to the states.
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HAF funding may be used for other “designated uses,” such as utility bills, house insurance, and mortgage payments.
To find out if they qualify and how to submit an application for support, interested parties should visit the Homeowner Assistance Fund website.
This is because certain states are distributing funds to their citizens, and the federal government has also offered funds to assist financially distressed homes.
With the help of these state initiatives and HAF, millions of people may soon be eligible for financial assistance from the government to help them deal with the ongoing financial repercussions of the COVID-19 pandemic.
If you think you might qualify for this significant financial help, make sure you know how to claim your payments.
