Are You Still Waiting for your Fourth Stimulus Check?

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IT remains uncertain if a fourth stimulus check will be introduced, however, Americans can apply for extra cash relief in a number of ways.

Joe Biden appears hesitant to introduce extra cash as Democratic lawmakers call for recurring checks to help cash-strapped families.

Read our stimulus checks live blog for the latest updates on Covid-19 relief…

As politicians in Congress continue to quarrel Americans can get access to stimulus cash while they wait for a fourth check.

Monthly child tax credit payments, worth up to $300, will soon arrive in bank accounts nationwide.

The first checks will be deposited on July 15 and Americans will receive six payments before the year ends.

The child tax credit program has been expanded under Biden’s American Families Plan and families can claim up to $3,600 per child under the age of six, and $3,000 for kids aged six-17.

Subsequent payments will be deposited on the 15th of every month unless it clashes with a public holiday.

The IRS has launched an interactive eligibility assistant that determines if Americans are eligible for the child tax credit payment.

The federal agency has also launched a portal for non-filers to check their eligibility.

The app is targeted at low-income Americans who don’t generally earn enough to file an income tax return.

You don’t have to file a tax return if you earn less than $12,200 a year as a single taxpayer or $24,400 as a married couple filing jointly.

Those eligible can use the app to provide the IRS with their name, address, and social security number.

Americans are also encouraged to add their bank details so the agency can deposit the child tax credit payment on time.

Struggling homeowners are also eligible to apply for extra relief payments as part of the $10billion Homeowner Assistance Fund (HAF).

The US Treasury says the program is also aimed at preventing foreclosures, the loss of utilities or home energy services, and the displacement of homeowners suffering financial hardship.

Homeowners are advised to apply for the funding if they are struggling with expenses, according to Yahoo! Finance.

To qualify, homeowners must have lower incomes and have suffered a financial hardship such as a job loss after January 21, 2020.

Applicants must have income equal to or less than 150 percent of their area’s median income.

For homeowners applying for HAF help, they must also hold a mortgage balance of less than $548,250 as of 2021.

Each state has been provided with a minimum of $50million from the fund.

The Treasury uses indicators to maximize the impact of where the money is being distributed.

It’s reported that more than 11million households are currently behind on their rent and mortgage payments, according to Fox News.

And, nearly 1.7million homeowners will exit their forbearance period in September.

The Treasury Emergency Rental Assistance program has made $46.55billion available to help renters struggling to pay outstanding rents or utilities.

To qualify for help, at least one member of your household must receive unemployment benefits.

Residents in Illinois can apply for a one-time grant of up to $25,000 to cover up to 15 months of missed rent.

In Texas, a scheme is covering unpaid rent going as far back as last March while New Yorkers can apply for the state’s $2.7billion program.

If you’re not sure what help is available in your area, contact your state directly.

Americans have received three rounds of stimulus checks since the start of the Covid-19 pandemic.


Christopher Charles spent 6 years in the mortgage industry before moving into the world of digital media. He's helped thousands of families buy and refinance real estate at banks and mortgage companies and now continues that mission through industry-leading content. Chris is known for his expertise in the mortgage & real estate industry and continues to produce content all over the web.

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