Currencies33855
Market Cap$ 3.49T+1.13%
24h Spot Volume$ 40.74B+17.7%
DominanceBTC61.61%-0.27%ETH8.64%+1.59%
ETH Gas0.32 Gwei
Cryptorank

$3,900,000 To Be Handed Out on First Come, First Served Basis As US City Launches Income Assistance Program


by Mark Emem
for The Daily Hodl

A US city is launching a financial assistance program that aims to distribute millions of dollars in the form of grants to eligible residents.

The City of Richmond, Virginia says it will provide a one-time housing assistance grant of $1,200 to each of the successful applicants of the RVA Stay Gap Grant Program.

According to the city, $3.9 million is available for the program and the grants will be handed out on a “first come, first serve basis.”

Applicants of the RVA Stay Gap Grant Program must be residents of the City of Richmond and must prove that their annual housing costs are equal to or more than 30% of their total household income to qualify.

Applicants must also be in the bottom 80% of the low-income category and must not be receiving other forms of housing assistance from the City of Richmond.

If the applicant is a renter, they must possess a current lease bearing their name. If a homeowner, they must possess a current mortgage with their name on it.

“Renter annual housing costs may include rent, tenant renter’s insurance for personal property, and utility costs.

Owner annual housing costs may include mortgage payments and utility costs.”

For successful applicants who are homeowners, the grant will first go towards paying their real estate taxes and the balance will then be sent to them in a check. In the case of successful applicants who are renters, the entire grant of $1,200 will be sent to their landlord.

The deadline for applications is December 31st. Applicants will be notified within eight weeks whether they have been accepted or rejected for the City of Richmond’s RVA Stay Gap Grant Program.

Follow us on X, Facebook and Telegram

Don't Miss a Beat – Subscribe to get email alerts delivered directly to your inbox

Check Price Action

Surf The Daily Hodl Mix

 
Disclaimer: Opinions expressed at The Daily Hodl are not investment advice. Investors should do their due diligence before making any high-risk investments in Bitcoin, cryptocurrency or digital assets. Please be advised that your transfers and trades are at your own risk, and any losses you may incur are your responsibility. The Daily Hodl does not recommend the buying or selling of any cryptocurrencies or digital assets, nor is The Daily Hodl an investment advisor. Please note that The Daily Hodl participates in affiliate marketing.

Generated Image: Midjourney

The post $3,900,000 To Be Handed Out on First Come, First Served Basis As US City Launches Income Assistance Program appeared first on The Daily Hodl.

Read the article at The Daily Hodl

Read More

S&P 500 Is Going To Go Higher Amid Resilient Economy, Dissipating Uncertainties and Cautious Investor Sentiment, According to Yardeni Research

S&P 500 Is Going To Go Higher Amid Resilient Economy, Dissipating Uncertainties and Cautious Investor Sentiment, According to Yardeni Research

The president of sell-side Wall Street firm Yardeni Research, Ed Yardeni, believes th...
Central Banks Reveal ‘Doubts’ About US Dollar Following Geopolitical Tensions – Here’s Which Currencies They’re Shifting Toward

Central Banks Reveal ‘Doubts’ About US Dollar Following Geopolitical Tensions – Here’s Which Currencies They’re Shifting Toward

A new survey of central banks suggests growing skepticism about the future of the US ...

$3,900,000 To Be Handed Out on First Come, First Served Basis As US City Launches Income Assistance Program


by Mark Emem
for The Daily Hodl

A US city is launching a financial assistance program that aims to distribute millions of dollars in the form of grants to eligible residents.

The City of Richmond, Virginia says it will provide a one-time housing assistance grant of $1,200 to each of the successful applicants of the RVA Stay Gap Grant Program.

According to the city, $3.9 million is available for the program and the grants will be handed out on a “first come, first serve basis.”

Applicants of the RVA Stay Gap Grant Program must be residents of the City of Richmond and must prove that their annual housing costs are equal to or more than 30% of their total household income to qualify.

Applicants must also be in the bottom 80% of the low-income category and must not be receiving other forms of housing assistance from the City of Richmond.

If the applicant is a renter, they must possess a current lease bearing their name. If a homeowner, they must possess a current mortgage with their name on it.

“Renter annual housing costs may include rent, tenant renter’s insurance for personal property, and utility costs.

Owner annual housing costs may include mortgage payments and utility costs.”

For successful applicants who are homeowners, the grant will first go towards paying their real estate taxes and the balance will then be sent to them in a check. In the case of successful applicants who are renters, the entire grant of $1,200 will be sent to their landlord.

The deadline for applications is December 31st. Applicants will be notified within eight weeks whether they have been accepted or rejected for the City of Richmond’s RVA Stay Gap Grant Program.

Follow us on X, Facebook and Telegram

Don't Miss a Beat – Subscribe to get email alerts delivered directly to your inbox

Check Price Action

Surf The Daily Hodl Mix

 
Disclaimer: Opinions expressed at The Daily Hodl are not investment advice. Investors should do their due diligence before making any high-risk investments in Bitcoin, cryptocurrency or digital assets. Please be advised that your transfers and trades are at your own risk, and any losses you may incur are your responsibility. The Daily Hodl does not recommend the buying or selling of any cryptocurrencies or digital assets, nor is The Daily Hodl an investment advisor. Please note that The Daily Hodl participates in affiliate marketing.

Generated Image: Midjourney

The post $3,900,000 To Be Handed Out on First Come, First Served Basis As US City Launches Income Assistance Program appeared first on The Daily Hodl.

Read the article at The Daily Hodl

Read More

S&P 500 Is Going To Go Higher Amid Resilient Economy, Dissipating Uncertainties and Cautious Investor Sentiment, According to Yardeni Research

S&P 500 Is Going To Go Higher Amid Resilient Economy, Dissipating Uncertainties and Cautious Investor Sentiment, According to Yardeni Research

The president of sell-side Wall Street firm Yardeni Research, Ed Yardeni, believes th...
Central Banks Reveal ‘Doubts’ About US Dollar Following Geopolitical Tensions – Here’s Which Currencies They’re Shifting Toward

Central Banks Reveal ‘Doubts’ About US Dollar Following Geopolitical Tensions – Here’s Which Currencies They’re Shifting Toward

A new survey of central banks suggests growing skepticism about the future of the US ...