Covid-19 Recovery Resources for rural communities
relief for individuals
- These payments are based on your 2019 adjusted gross income (or 2018 if you have not filed your 2019 tax return).
- To determine how much you will receive, review your most recent tax return from 2019 or 2018.
- If you are an eligible adult earning no more than $75,000 annually, you will receive $1,200 from the U.S. Treasury.
- If you are an eligible couple earning no more than $150,000 annually, you will receive $2,400 from the U.S. Treasury.
- Eligible families will receive an additional $500 for each child under the age of 17.
- If you are an eligible individual or couple but earned more than $75,000 or $150,000, respectively, you will still receive a direct payment from the U.S. Treasury at a decreased amount (unless you are phased out of the program at $99,000 or above for individuals and $198,000 or above for couples).
- If the Internal Revenue Service (IRS) already has your bank information on file, you will likely receive a direct deposit in April 2020.
- If the Internal Revenue Service (IRS) does not have your bank information on file, you will be mailed a check in the coming months.
- Checks will be mailed to the address on your most recent tax return, but you can file a change of address with the IRS if you have moved since then.
What is Unemployment Insurance (UI)?
- Regulated by the U.S. Department of Labor and administered by each state, UI is a program that provides essential income to individuals who have lost their job, are willing and able to seek employment, and meet specific eligibility requirements.
- These benefits are provided to eligible individuals for up to 26 weeks a year.
- While each state administers their own UI program, all states must abide by the specific guidelines outlined in federal law making these benefits relatively universal across state lines.
The CARES Act included several unprecedented changes to the UI program as described below:
Who is eligible?
- Generally, UI benefits are available to anyone who has lost their full-time job—at no fault of their own—and is actively looking for work.
- Those who have willingly resigned or were fired for cause are typically not eligible.
- Additionally, the CARES Act extended UI benefits—through the temporary and federally-financed Pandemic Unemployment Assistance (PUA) program—to those who are unemployed, partially unemployed, or unable to work because of COVID-19 and don’t qualify for traditional benefits.
- This includes the self-employed, independent contractors, and gig economy workers.
How can I apply?
- Generally, eligible individuals can apply online or via phone through their state’s unemployment office.
- If your application is not approved, you have the right to appeal the decision.
If I am approved, how much money will I receive?
- UI benefits are administered by each state and range from $200 to $550 a week (on average) depending on the state for up to 26 weeks.
- Additionally, the CARES Act allocated funding for those eligible to receive UI through their states by providing an additional federal benefit of $600 a week for up to 39 weeks—through the Federal Pandemic Unemployment Compensation (FPUC) and Pandemic Emergency Unemployment Compensation (PEUC), respectively.
- While not covered under traditional UI benefits, the CARES Act provides temporary full funding for the first week of unemployment.
State Benefit ($X) + CARES Act Benefit ($600) = Total UI Benefit
When do the expanded UI benefits, included in the CARES Act, expire?
- At this time, the extended benefits and pandemic program end by December 31.
- However, Congress has the ability to extend this timeline and expand program benefits during the legislative process.
Funding resources for rural communities
Alchemy & partner resources
HOW WE CAN HELP
- Assist with identifying federal and state grant/loan opportunities
- Assist with pursuing new federal and state grant/loan opportunities
- Outreach to federal agencies and congressional offices
- Assist with implementation of immediate needs or existing strategic plans
- Prioritize projects
- Identify partners and build a coalition
- Identify public and private funding opportunities
- Create action steps to determine roles/responsibilities
- Develop timeline for project execution