Florida residents should be expecting two separate direct payments soon.
The payments are coming from a $1 billion fund that needs to be spent.
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Who is getting the payments?
Florida has $1 billion in funding from the American Rescue Plan that needs to be spent or distributed. As of now, the state plans to distribute two direct payments worth $450 and $1,000.
Florida announced that the poorest 60,000 families will benefit from the direct booster payment. Struggling households will get a check for $450 for each child living there.
The state still has $36 million from their share of the surplus Pandemic Emergency Assistance Program budget. This is being utilized to help families regain financial stability amid rising inflation.
First-responders should have already received a $1,000 cash bonus in the spring. The money for these stimulus checks comes from the Pandemic Emergency Assistance Program. This program was launched by federal Temporary Assistance for Needy Families (TANF) program to get money to struggling families.
However, the money must be spent by September 30, or else it will have to be returned to the Treasury Department. So Florida residents should be seeing these checks soon.
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