Most businesses had to shut down or go through massive layoffs in order to survive the first wave of the pandemic. For many Americans in 2020, the unemployment rate rose and income losses rose as a result of this policy. Citizens were able to recover some of their losses thanks to the three rounds of stimulus checks.
Even though the economy has begun to recover from its two-year lows, many people remain in dire straits.
In the early months of the pandemic, many people faced the prospect of being homeless for the first time. Measures put in place, however, prevented that.
Forbearance options for home loan borrowers were put in place as a form of protection. It was also enforced that a federal ban on eviction was enforced to prevent landlords from evicting tenants for nonpayment of rent.
But the federal ban expired in the summer, putting the tenants at risk once again. The government’s stimulus payments have also run out. As a result of the latest two packages, $45 billion will be available to help those in need of housing. Renters can now continue their repayment plan thanks to this provision.
Stimulus Checks For Rent Payments To Be Given To Salt Lake County Residents
Individually, each step received the money. The states were tasked with establishing assistance programmes and allocating funds in response to the incoming requests from renters.
When it came to allocating federal funds, some states took a more proactive stance. Salt Lake County, Utah, was a major player in this area. Another amount is being given to this county in order to keep tenants from being evicted.
Rental assistance programmes in Salt Lake City will receive an additional $10 million in stimulus funds. Additionally, this county is launching a new programme with two non-profits that are at the forefront of helping tenants who are struggling financially.
The Utah Rent Relief website is where county residents can get their stimulus check. Resident income must be at least 80 percent of pre-pandemic levels in order to receive aid.