In what is effective the fourth round of payments by the New Mexico government, the state is dispensing a $400 stimulus check to residents with low income. Today is the last date to receive the relief payment and the deadline is 5 pm. MDT through the Human Services Dept.’s Yes New Mexico portal.
New Mexico has allocated $10 M in the current legislation legislative session. For monetary aid to low-income New Mexicans. There has been no specification for the maximum income allowed for qualified households. But such payments are allocated first to low-income families. The Human Services Dept. of the state has said that only limited applications will be eligible for the stimulus check.
Marina Pina, the director of HSC said that the funds will be distributed subject to the number of applicants. The funds would be distributed according. She said that they expect a good number of applicants which will enable them to give the stimulus checks to residents who most deserve it.
The Present Round Of Stimulus Checks Are More Focused Than The Earlier Three Rounds
The earlier rounds of stimulus checks through direct payments and cash rebates allowed by the state government were from May to August. They were allowed through two different legislations. One of them was passed during a regular session another was approved under a special session. Together they sent stimulus checks with up to $1,500 to New Mexicans.
But with rising rates and now signs of inflation ebbing this year, further relief measures are crucial, and the need is immediate. The money is expected to be especially significant for families with children and colored people, who have been particularly affected by the economic challenge posed by the pandemic followed by the record inflation rate that has crossed a 4-decade high.