If You Are No Longer Earning Income

By Michael Hall

In light of the COVID-19 pandemic, millions of individuals have lost their jobs or have been furloughed due to business closures.

Bedford Stuyvesant Restoration Corporation’s Financial Counselor, Michael Hall suggests that you apply for Unemployment Insurance as soon as possible. These are a few things that you should note upon applying for Unemployment:

  • After applying, you will get an additional $600 a week until July 30th.
  • You should be informed in 72-hours if you have been approved, but the system is overloaded, and it may take longer.
  • Stay on it and be persistent, despite the frustration of dealing with the slow system.
  • If you don’t qualify for traditional Unemployment Insurance, apply for Pandemic Unemployment Assistance. This is for the self-employed and freelance workers, artists, musicians, tutors, people that didn’t get unemployment insurance previously.
  • You may also want to speak with a Benefits Counselor at Restoration regarding SNAP, and other benefits like a rent freeze. An appointment can be made at number: 718-636-6994.

The COVID-19 Pandemic has shifted our way of life, and as we adapt to the “new normal” it is important to revise our spending. Hall advises that we create a pro-active mindset by developing a new budget, so that you can be prepared for the long haul. See the next issue of the Spring Creek Sun to learn more about re-evaluating your budget.

Michael Hall is a financial counselor with Bedford Stuyvesant Restoration Corporation. As a financial counselor he helps individuals allocate their funds better, deal with debt, weigh in on legal options, and even save for a rainy day. To make an appointment with Financial Counselor, Michael Hall call 311 or visit the website: https://www1.nyc.gov/site/dca/consumers/get-free-financial-counseling.page