Unemployment benefits ended for millions of Americans- Other federal programs can help fill the gap


Enhanced federal unemployment insurance pandemic ended this weekend. The benefits were placed a year and a half ago due to the pandemic. This weekend,  3 million people will no longer receive the 300-dollar extra benefit on top of the regular payment. 9 million have now lost full unemployment.

There are other programs that can help people through hard times. Certain eligibility requirements are required and  not all unemployed Americans will qualify to access them.

Renters in some states may still be protected by local moratoriums in regard to evictions, even though the Supreme Court struck down the most recent extension to the federal eviction ban. For those that sill need rent assistance you must contact your local state authorities to see if programs for rental assistance are available for you.

It  is advised to still apply for assistance,  as a pending application for  could help you stay in your home a bit longer.

Make sure to apply for the Supplemental Nutrition Assistance Program, known as  SNAP.  Payouts will increase not seen since 1975. The average adjustment increase  is about  25% from  prior pre-pandemic levels.

Families should apply for the child tax credit being distributed to families in monthly installments from July to December the full credit is  $300 per month for children under age 6 and $250 per month for those from 6 to 17.

For those with student  having a hard time repaying loans, The U.S. Department of Education in August extended the moratorium on payment and interest of federal student loans one last time  through Jan. 31.

That means that some 42 million borrowers with student debt don’t have to make a payment on most federal loans until next February and won’t see their balances grow.  Students who have loans can cease making payments on most federal loans until next February with no increase in the balances owed.

Several hundred thousand households nationwide will exit forbearance  without a plan for returning their mortgages to good standing with their lenders.

“The end of the government’s moratorium won’t result in millions of foreclosures, but we’re likely to see a steady increase in default activity for the balance of the year,” Rick Sharga, the executive vice president of RealtyTrac, a subsidiary of ATTOM, said. “Much of the foreclosure volume will come from the reinstatement of foreclosure proceedings on properties that had already been in default prior to the pandemic, and new foreclosure activity on vacant and abandoned properties.”

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