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How to Get Covid-19 Financial Assistance

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How to Get Covid-19 Financial Assistance
How to Get Covid-19 Financial Assistance. Image source: Coffee button dari Pixabay Free License

Tips How to Get Covid-19 Financial Assistance from us. As we already know, the coronavirus became a global pandemic that has been affecting the world for almost a year now since its outbreak in March last year. It also affects people’s lives, including their jobs. If the coronavirus hugely affects your life as well, the government forms the CARES Act, the Coronavirus Aid, Relief, and Economic Security Act that can help you with bills, food, housing, and more. Here is how to get Covid financial assistance.

Also read: How to Claim Your Covid Insurance Easily

Final Assistance for Workers and Small Business Owners

Unemployment Benefits and the Coronavirus

The government allowed states to change their unemployment laws. This allows them to deliver benefits for circumstances related to the coronavirus. The Coronavirus Response and Relief Supplemental Appropriations Acts of 2021 allows:

  • An additional, automatic payment of $300 per week until March 14th, 2021 to every single one who is eligible for unemployment benefits.
  • An additional $100 per week for some gig workers or self-employed.
  • Workers who lost their jobs get additional 11 weeks of benefits beyond the number that their state provides right now. This is an addition to the additional 13 weeks that the CARES Act has authorized.

If you want to apply for these unemployment benefits or look for further information, you can contact the unemployment insurance program of your state.

Coronavirus Financial Help for Small Businesses

SBA or Small Business Administration offers programs that are helpful for your business if the global coronavirus affects it. One of the programs offered is PPP or Paycheck Protection Program. This program provides loans for non-profits and small businesses so that they can keep hiring their employees. The SBA will probably forgive your loan if you follow the guidelines. Moreover, if your business has obtained its first PPP loan, it is probably qualified for a second draw.

You can apply for this loan until March 31st, 2021. Go to the official website of SBA in order to find out further information. Such as the details, loan forgiveness, and who can apply.

Read more: How to Apply for COVID-19 Financial Assistance

Financial Assistance with Bills, Food, and Housing

Coronavirus Assistance

If you lose your job due to the coronavirus, you may be eligible for rental assistance through the HUD program that your state provides. Moreover, a federal eviction moratorium from the CDC is extended until March 31st, 2021 so that you can stay at your home if you are not able to pay your rent.

In order to find out whether you are qualified for this HUD program or not, contact your state HUD offices or call 877-542-9723 to talk with a counselor at Response Network. If you cannot pay because you lose your job due to the coronavirus, you can benefit from a ban on evictions that started on September 4th, 2020 and has been extended until March 31st, 2021.

That is tips how to get covid-19 financial assistance. For further information, access the official website of the government.

Also read: How to Get Deakin Financial Assistance

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