Troubled homeowners with private bank loans or investors should check with their mortgage company to see what options they offer – some of them have followed a framework similar to federal loans, while others may have more opaque terms.
But no matter what type of loan you have, the most important action you should take now is to contact your mortgage administrator to find out when your payments will resume and what they will be. If you can’t afford this, the servicer can point out your options. You can also contact a housing advisor for further advice.
The changes to food brands made during the pandemic – now largely known as the Supplemental Nutrition Assistance Program – were complicated.
But one major change, a 15 percent increase in benefits for all recipients, only applies until September 30th. So if you are currently receiving SNAP benefits, then they can go down. (Congress is considering an extension, SNAP policy experts said, and other changes unrelated to the pandemic – including a regular inflation adjustment as well as a possible change in the food basket on which the benefits are based – could also help offset potential cuts .)
A number of other temporary changes will remain in place in many states for a few months.
These changes increased the utility of the program, which is federally funded but state-run. Those entitled to benefits have received emergency contingents that have increased their monthly benefits to the maximum permitted amounts or higher. All in all, the average daily allowance per person rose from $ 4 to $ 7 through April this year, according to Ellen Vollinger, legal director at the Food Research & Action Center.
Access to the program also became a little easier: certain college students were eligible, unemployed under 50 without children were not fixed-term and there were fewer administrative hurdles to stay enrolled, experts said.
. The special quotas can continue to be paid as long as the federal government has declared a health emergency that should continue at least for the rest of the year. But the state that administers 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 withdraw this additional amount soon. according to the center for budget and political priorities.