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Rental Assistance Programs Fell Victim to Politics, Bureaucracy
A rental crisis spurred by the pandemic prompted many states to make bold promises to help renters, but most failed to deliver on them after Congress passed the sweeping CARES Act in March 2020
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How Billions in Pandemic Aid Was Swindled by Con Artists and Crime Syndicates
Government aid programs have long been fertile ground for scammers, but the scale of the fraud in the unemployment program created by the CARES Act has reached a staggering level, state and federal officials say. The Labor Department inspector general has yet to complete a full investigation but, based on previous programs, estimates at least $63 billion of the $630…
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Brooklyn Man Defrauds PPP of $2M, Pockets Money for Bentley Purchase, Feds Say
A Brooklyn man was arrested Monday on charges of defrauding the federal Paycheck Protection Program (PPP) of almost $2 million. Federal prosecutors in Brooklyn charged Leon Miles, 51, of using the money to purchase a 2020 Bentley Continental for $250,000 and a 2020 Cadillac Escalade for $100,000. The PPP is part of the CARES Act passed by Congress in March…
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Unemployment, Working From Home: How the Pandemic Could Impact Your 2020 Taxes
It’s the time of year to start thinking about taxes — but the upcoming filing season is going to be a bit trickier for many Americans due to rampant unemployment, working from home and general upheaval due to COVID-19.
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San Mateo County and Districts Join Forces, Allocate $2.3M for Students
San Mateo County announced on Wednesday a partnership with local school districts to provide up to $2.879 million to help K-12 students get online during the COVID-19 pandemic.
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Shut Out: Why Some Minority-Owned Businesses Can't Get Financial Help During COVID-19
Black business owners feel the city of San Diego is not operating on a level playing field, preventing them from receiving the funds to help them weather the COVID-19 storm
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California Uses Funding as Threat Over Virus Measures
California Gov. Gavin Newsom says he could withhold up to $2.5 billion in the upcoming state budget from local governments that fail to comply with mandates intended to slow the spread of the coronavirus
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Don't Trash That ‘Junk Mail' – It Might Be Your Stimulus Payment
Nearly three months after President Trump signed the CARES Act into law, millions of Americans are still waiting for their promised stimulus payment. For some, they may have received it, but unknowingly thrown it away. Chris Chmura reports.
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Don't Trash That ‘Junk Mail' – It Might Be Your Stimulus Payment
Nearly three months after President Trump signed the CARES Act into law, millions of Americans are still waiting for their promised stimulus payment. For some, they may have received it, but unknowingly thrown it away.
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Watchdogs Say Trump Admin Limiting Oversight of Virus Aid
Government watchdogs are sending up a warning flare about more than $1 trillion in spending related to the coronavirus pandemic
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FSA Changes Expand Health Spending Options During Pandemic
The NBC Bay Area Responds team has helped families avoid some FSA hurdles over the years, but now there are new ways to use your money.
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Golden Gate Bridge District Receives $30.2M Grant from CARES Act
The Golden Gate Bridge District received a $30.2 million grant from the Coronavirus Aid, Relief, and Economic Securiy Act (CARES).
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Following the CARES ACT Money: Why Some Small Businesses See Little to No Relief
Since March, in four separate pieces of congressionally approved legislation including the CARES Act, the federal government has spent more than $810 billion backing small business loans, yet several local business owners tell the NBC Bay Area Investigative Unit that those federal dollars have yet to find their way to those who need it the most. Stephen Stock reports.
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Following the CARES ACT Money: Why Some Small Businesses See Little to No Relief
Since March, in four separate pieces of congressionally approved legislation including the CARES Act, the federal government has spent more than $810 billion backing small business loans, yet several local business owners tell the NBC Bay Area Investigative Unit that those federal dollars have yet to find their way to those who need it the most. Stephen Stock reports.
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BART Says More Federal Funding Needed to Keep Trains Running
With many of us staying at home or away from public transit, BART says ridership is now down 90% and it is going to need more federal dollars to keep the trains running.
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State Offers Up to $1K to Help Undocumented Households Amid COVID-19 Crisis
Undocumented households in the Bay Area can receive up to $1,000 from the state of California for relief from the coronavirus, according to the California Department of Social Services.
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Federal Student Loan Payments Are on Pause Through September. Here's What You Should Do
With the coronavirus affecting the income and finances of Americans, the federal government has placed federal student loans in forbearance, which means you won’t be dinged for not paying that debt for a few months. Per the CARES Act, the federal government is suspending all automatic payments until September 30, 2020. Federal loan lenders will not report to a credit…
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Many Latino Families on the Front Lines of Coronavirus Pandemic Excluded From Relief
More than 825,000 Americans had tested positive for the coronavirus as of April 22 and more than 45,000 had died, a toll that has been striking Latinos and African Americans disproportionately hard. Latinos represented 23 percent of the cases nationwide, while making up 18 percent of the population, according to data from the Centers. For African Americans, the discrepancy is even...
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‘This Will Lead to Airline Bankruptcies': Flight Attendant Union Furious With Treasury Bailout Offers
Less than 24 hours after the Treasury Department formally extended cash grant offers to the six largest airlines in the U.S., the union representing 120,000 flight attendants is blasting the move with a dire warning.
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Your Forgivable Loan May Be Undercut by This Paycheck Protection Program Provision
Small businesses are clamoring for funds from a new forgivable loan program, but some business owners, particularly those with high rents and low labor costs, may not benefit from the program as much as they think.