A fourth stimulus check may not officially be in the works from the federal government, and additional forms of financial aid due to the COVID-19 Pandemic may be mostly over, but some Americans will still see some form of an influx of cash in the form of stimulus aid during 2022.
Between different programs from states or cities and hold over money from the Expanded Child Tax Credit, some cash is still available and can be received in 2022.
Several cities have signed on to a program to help bring guaranteed income to residents facing economic uncertainty. Among them is Newark, New Jersey, where residents age 18 or older who have been adversely impacted by the pandemic and have an income at or below 200% of the federal poverty line, can receive either $250 bi-weekly payments or $3,000 bi-annual payments to help them. In December, the program was expanded to 400 additional residents of the city. A similar program is launching in Rochester, New York, for 175 families total, who will receive $500 monthly for one year. Spectrum local news reports that Ithaca, New York and Los Angeles also have similar programs in place.
Another program of the type is being put into place in Durham, North Carolina as well. The city’s excel pilot program will give 115 previously-incarcerated residents $500 each month for a one-year period to help deter recidivism rates. Those who are eligible must have been previously incarcerated within the last five years, and if they earn an income, it cannot exceed more than 60% of the area’s median income.
In addition, while the Expanded Child Tax Credit has not yet carried over into 2022 because of a stalled Build Back Better Plan that allowed it to continue for an additional year, those who received the advanced payments during the latter half of 2021 will be eligible for another influx of cash when they file their 2022 taxes. Those who received $1,800 (a $300 monthly stipend for six months for kids 6 and under) are going to see the second half of the full $3,600 credit when they get their tax return, meaning that whatever they were getting previously will come back in one lump sum.
Those who didn’t receive the advanced payment could potentially get a full $3,600 credit on their taxes.
