The safety net from the coronavirus pandemic is falling apart. Now what?


Distressed homeowners who have loans owned by private banks or investors should contact their mortgage servicing agent to find out what options they offer – some of them followed a scheme similar to federally backed loans, but different conditions may be darker.

But no matter what kind of loan you have, the most important thing you need to do now is contact your mortgage agent to find out when your payments will resume and how much they will be. If you cannot afford them, the service center may post your options… For more information, you can also find housing consultant.

Changes made to food stamps – now commonly known as the Supplemental Nutrition Program – have been challenging during the pandemic.

But one significant change, a 15% increase in benefits for all recipients, will only happen until September 30th. So if you are currently getting SNAP benefits, they may decrease then. (Congress is considering an extension, policy experts at SNAP said, and other non-pandemic changes, including regular inflation adjustments, as well as a possible change in the food basket on which the benefits are based, could also help offset any potential cuts.)

Several other temporary changes will continue in many states for several more months.

These changes have increased the benefits for the program, which is funded by the federal budget but extends to all states. Beneficiaries received emergency assistance allotmentswho have increased their monthly benefits to the maximum amount allowed or higher. Overall, according to Ellen Wollinger, legal director at Food Research & Action Center, the average daily allowance per person rose to $ 7 from $ 4 by April this year.

Access to the program has also become somewhat easier: Some college students According to experts, there were no time limits imposed on unemployed people under the age of 50 who did not have children, and there were fewer administrative obstacles to their enrollment.

… The additional appropriation could continue to be paid as long as the federal government declares a public health emergency, which is likely to persist at least until the end of the year. But the state administering the benefits must also have a declaration of emergency, and at least six states – Arkansas, Florida, Idaho, North Dakota, South Dakota, and South Carolina – have either stopped or will soon begin phasing out that additional amount. according to Center for Budget and Policy Priorities.

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