Receiving Your Federal Stimulus Funds While Homeless
With the passage of the CARES act by Congress on March 27th, many people are now receiving stimulus checks of up to $1,200 per adult and $500 per child from the Federal Government. These direct payments to households are called economic impact payments, or EIPs. EIPs will not be taxed in the future or be required to pay back, and the intent is to help people stay afloat and pay rent or mortgages and meet basic needs after experiencing a reduction in income related to COVID-19.