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North Carolina and Connecticut Unveil Game-Changing Relief Programs to Aid Low-Income Homeowners and Combat Economic Hardship

In response to the economic hardship faced by low-income residents due to rising costs and inflation, North Carolina and Connecticut have announced relief programs that offer assistance in the form of rebates and financial support.

North Carolina and Connecticut have introduced relief initiatives that provide aid in the form of refunds and monetary assistance.

North Carolina’s Relief Program

 

North Carolinians who own property may qualify for a rebate of up to $150 on their property taxes. The city of Greensboro has allocated $250,000 to support low-income homeowners who meet specific criteria.

 

To qualify for the rebate, according to The US Sun, residents must have lived in their home for at least five years, and their property tax value must be under $250,000. Additionally, their home must have undergone a property revaluation increase as part of the 2022 Guilford County tax revaluation.

 

Applicants must provide documentation of their total household gross income, which should be equal to or less than $41,000 for one person or $47,000 for two or more persons. They should also have no outstanding taxes owed to the City of Greensboro. The refund amount will depend on the difference between what was paid in 2022 and 2021 and range from $50 to $150.

 

READ ALSO: Millions Of Social Security Recipients To Receive Final Round Of Increased Payments Amid Concerns For Future Financial Stability

 

Connecticut’s Relief Program

 

Connecticut’s Low-Income Home Energy Assistance Program (LIHEAP) offers assistance to residents who receive support from at least one public benefit program or have a household income below a certain threshold.

 

The program provides assistance ranging from $250 to $600, and the eligibility threshold varies depending on household size. It ranges from $39,761 for a one-person household to $105,521 for an eight-person household.

 

READ ALSO: Newsbreak: House GOP Proposes Controversial Plan To Increase Debt Limit By $1.5 Trillion With Conditions On Domestic Programs And Pentagon Exemption, Drawing Criticism From President Biden

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