'Secret' stimulus check helps homeowners pay mortgage, taxes, insurance and utilities – but you have to ask for it

A “SECRET” stimulus check is coming to help homeowners pay their mortgage, taxes, insurance and utilities – but you have to ask for it.

Previously, all stimulus checks were paid automatically through the mail or just showed up in people’s bank accounts but other forms of financial help are available, if not so well-known.

Homeowners who have struggled to pay their mortgage and other bills will soon be able to claim assistance through the Homeowners Assistance Fund.

A fact sheet from the Treasury Department says: “The American Rescue Plan provides nearly $10billion for states, territories, and Tribes to provide relief for our country’s most vulnerable homeowners,

“Applicable funding uses include delinquent mortgage payments, allowing Americans across the country to take a step in the right direction toward household stabilization.

“These necessary actions will minimize foreclosures in the coming months, alleviate emergency shelter capacity, and mitigate potential Covid-19 infections.”

To be eligible for the payment, a homeowner must have a mortgage balance of less than $548,250.

Anyone wishing to apply must reach out to their state housing agency for more information about receiving a portion of the fund.

Another obscure benefit which is part of the American Rescue Plan (ARP) is the State and Local Coronavirus Fiscal Recovery Fund.

This is money given to states, counties, and cities for distribution to local households that have experienced economic hardship during the pandemic.

“Local governments will receive funds in two tranches, with 50 per cent provided beginning in May 2021 and the balance delivered approximately 12 months later," said a statement from the Treasury. "States that have experienced a net increase in the unemployment rate of more than 2 percentage points from February 2020 to the latest available data as of the date of certification will receive their full allocation of funds in a single payment; other states will receive funds in two equal tranches.”

Visit the U.S. Treasury Department website to request payment as part of this fund from your local government.

The news comes after it was revealed Americans could get a fourth stimulus check in their bank accounts from July as families will soon receive their child tax credit payments.

Around 40million homes nationwide will receive an additional payment as part of Joe Biden's American Families Plan.

Biden's American Families Plan also includes plans to provide free, universal pre-school for three-to-four-year-olds, free community college for two years, and free school meals to children from low-income households.

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