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Americans can get up to $10,000 worth of stimulus money each

RESEARCH Americans can get up to $10,000 worth of stimulus cash each if they’re having trouble paying rent.

Congress passed the number 25 billion for the first time rental assistance program in December.

Congress passed a multi-billion dollar fund for struggling renters

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Congress passed a multi-billion dollar fund for struggling rentersCredit: Alamy

That number was then followed with another $21.55 billion in March under the US Rescue Plan, along with a third $1,400 stimulus check.

However, just over $10 billion in the fund has distributed at the end of September, according to the latest Treasury data.

It comes after the Supreme Court in August blocked the Biden administration from enforcing a nationwide ban on evictions due to Covid.

This move means landlords can start evicting their tenants, giving Millions of people are at risk of losing their homes.

To help tenants who are still struggling, states are distributing assistance, but you will need to apply for assistance.

Below, we explain who qualifies, how to apply, and how cash aid varies from state to state.

Who is eligible for rental assistance?

To qualify for rental assistance, you must have experienced financial hardship during the pandemic and have to pay rent.

You must also meet local income requirements, which vary depending on the state you live in.

In general, your household income should not exceed 80% of the local area median income.

In New York, for example, you must also receive unemployment benefits, or you may qualify if your income drops.

In addition, you should demonstrate that there is a risk of becoming homeless without assistance.

How much can you get and how to apply

How much you can get also depends on where you live and your personal circumstances.

The federal program allows eligible households to receive up to 18 months of rent assistance, including past due rent, as of March 13, 2020.

But not all states support for 18 months.

For example, residents in certain counties in New Jersey can receive up to $10,000 over a six-month period.

While the Connecticut program offers $10,000 in rent assistance and up to $1,500 in utility bills.

In Massachusetts, struggling renters can receive up to $10,000 during the emergency and up to $7,000 for six months after the emergency ends.

Meanwhile, those in Arizona can get up to $3,500 a month in both rent and utility assistance for up to 18 months — a total of $63,000.

If you have past due rent, you must pay your rent first, but you can also get money to cover future rent.

Local plans can also cover utility bills, including electricity, gas, and trash removal, as well as internet service, transportation costs, and more.

Funds are being sent to the states by the Treasury Department based on their size.

To apply, you should contact local emergency rental assistance (ERA) program.

In some areas, you can apply for rental assistance yourself, while others require your landlord to submit an application in advance.

If you qualify, this amount is usually paid directly to your landlord or utility provider.

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https://www.the-sun.com/money/4088725/stimulus-money-rental-assistance-how/ | Americans can get up to $10,000 worth of stimulus money each

DevanCole

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