Stimulus Update For Renters
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Besides dollars earmarked to help with rental payments the stimulus package contains other aid that may help tenants cover their rent.
Stimulus update for renters. The package includes direct onetime payments of 600 to individuals making less than 75 000 per year or 1 200 to couples who make less than 150 000 annually. The president still needs to sign the bill for it to become law which remains unclear. Georgia is expected to receive hundreds of millions of dollars to assist renters impacted by the covid 19 pandemic after president donald trump signed a stimulus bill sunday that he previously.
How new covid 19 stimulus bill affects rent. The 2nd coronavirus relief plan in the us congress makes money available for california renters but extends the eviction moratorium by just one month. Borrowers who owe a mortgage and separately rent a residence can either receive mortgage relief or rental relief.
The 600 checks will only go out to individuals making less than 75 000 a year or couples making less than 150 000.
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