California Stimulus Check To Work Along With $4B State Rent Relief Program

Stimulus Check

California has given more direct assistance in the form of stimulus checks and other relief to residents than any other state. It has already given out two rounds of payments, the Golden State stimulus I and II.

In the past 15 months, the rent relief program has delivered around $4B in financial assistance to more than 340,000 renters. This has proved immensely helpful in preventing homelessness and has succeeded in providing the stability of a home to over 700,000 residents of the state.

An additional amount of $1.95B has been provided in this year’s budget for eligible applicants who applied before March.

Governor Gavin Newsom said that the State Rent Relief Program was the largest unified emergency assistance for renters in the country. It covered close to two-thirds of the population in the state. The rest of the population was also covered through local alternative rental assistance programs.

To date, California’s rental program has spent the most among all other stand-alone programs in the country. And it has been done at a breakneck pace as all applications were received by the state authorities by March 31 in cases where the applicant had supplied all necessary information and established eligibility for the assistance.

12 Million Residents Could Be Eligible For Stimulus Checks

Over 23M residents across the country will get tax rebates with the amount depending on tax status, income, and size of household. Residents of California who have an Adjusted Gross Income of $75,000 or less will receive $700 if they have a dependent while those earning between $75,000 and $125,000 will receive $500 in case they have a dependent.

The Stimulus Check amount will increase by another $350 if the income tax returns are filed jointly by married couples. The total in such cases can go up to $1,050.

The additional funds that will ensure support for eligible renters stand along with the stimulus checks.

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