The US Department of Health and Human Services (HHS) funds a free benefit for low-income families to receive assistance through the Temporary Assistance for Needy Families (TANF) program. The program gives grant money to state and territorial governments, which administer programs and services to benefit eligible families. Although requirements and resources vary depending on where you live, eligibility centers around income and residency.
Tag: financial assistance
The US Treasury Department supplied emergency rental assistance (ERA) funds to those in need as part of the American Rescue Plan Act of 2021. Some states have opted out of the program, so the state-administered plan isn’t available everywhere. Still, private agencies may provide funding in some locations through the end of 2022.
The US Department of Housing and Urban Development (HUD) provides federal funding to local public housing agencies (PHAs) which administer its housing voucher program, sometimes referred to as a Section 8 benefit. These allowances financially supplement qualified families and individuals to obtain PHA-approved rentals in their area. The vouchers allow recipients greater choice in where they live and the variety of accommodations they can rent.
The US federal government developed a program that helps low-income families “buy nutritious food” — the Supplemental Nutrition Assistance Program (SNAP). The US Department of Agriculture (USDA) funds SNAP, previously referred to as food stamps, and individual states administer the benefit to give eligible people the means to feed themselves and their families. To qualify, you must meet certain income levels, resource limits, work parameters, and other conditions which may vary by location and year.
The Emergency Food Assistance Program (TEFAP) is a governmental initiative that allows the US Department of Agriculture (USDA) to buy nutritious provisions and supply them to low-income families for free. Although the program doesn’t directly feed the hungry, it furnishes other associations so they can provide for the needy within each state. To receive the assistance, you must meet the state’s criteria, which vary, but center around income, generally at or below 185% of the federal poverty guidelines.
Most people in the US and around the world are struggling to pay the bills as inflation rates and the cost of consumables continue to rise. People enjoying their golden years constitute one of the hardest-hit population segments because, more likely than not, they’re on fixed incomes. Adult children around the nation are either already financially assisting their parents or may soon need to help. Here are some ways to accomplish the meaningful gesture while keeping yourself financially strong.