If you rent or own your home, did you know that money from the government is available for many families and individuals in Kentucky? This additional income can really help out as prices continue to surge due to inflation. Prices in the southeast (which includes Kentucky, Tennessee, North Carolina, South Carolina, Georgia, Florida, Alabama and Mississippi) have seen a 9.1 consumer price index increase over the past year. (source)
This money is set aside by the federal government to help people. Then it is later distributed to state and local agencies. As you know, many employers--especially smaller employers--have struggled with having a full staff due to the pandemic. So, many agencies and local governments have still not distributed these funds out.
Do This If You Rent Your Home
The first thing to do is go to this database that is divided up by state. If you live in Louisville, you have two options to try. First is the Healthy At Home fund. You would fill out an application there to see if you qualify. Another option is to apply here with the Louisville local government.
Go Here If You Own Your Home
First, go to this page to receive information about the Kentucky Homeowner Assistance Fund. If you know that your situation is short-term and temporary, you can go here. If you know that your situation is more long-term for some reason, go here. Now when you apply, it is helpful to have all information about your mortgage as well as banking information too. (source)
The Louisville Metro Housing Authority also offers money that can be used for your mortgage payment if you meet the eligibility requirements. For more info, just go here.
What do you think about this? Please feel free to share your thoughts in the comments.
Disclaimer: Please note that this article is only for educational and informational purposes.