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New Wave of Financial Relief Coming

Governor Beshear announced a new plan for those out of work meant to help make ends meet.

Posted: Aug 19, 2020 10:12 PM

With Kentuckians sending out an SOS for financial help, Governor Andy Beshear is sending in a rescue team.

This month from coast to coast, as the days tick down to the end of August, Americans continue to struggle to cover the bills amid the economic impact of COVID-19.

That's including rent, and is creating an emotional and physical toll.

New federal legislation remains up in the air.

But, amid the back and forth in Congress, Kentucky Governor Andy Beshear shared that financial relief is on the way for thousands of Kentuckians facing a tight budget while they remain out of work:

"...to receive additional payments of $400 if they're underemployed or unemployed as a result of the pandemic," the Governor said.

That amount, in part, coming from a total $44 billion set aside for struggling Americans from FEMA funding.

7 other states have been approved so far, but Kentucky was the only one, according to Beshear to throw in the state's allocated CARES Act funding  to tip the scales.

"Right now, it's just too important to get it to our families," Beshear said of the money, "And knowing that it does, as it cycles through our economy, comes back and positively help our budgets."

But, challenges still remain.

The CARES Act's federal moratorium on evictions has expired, and theres' still lingering legal confusion in the state, with political wrangling back and forth over court rulings and the governor's executive orders on evictions.

And, September rent is coming due, likely before the funds will reach Kentuckians.

Right now, the program will cover 3 weeks of back pay for late July and early August.

Governor Beshear is expected to offer a more comprehensive plan to address the issue of evictions across the state.

He shared that announcement is coming Thursday.

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