COVID-19 & Finances

COVID-19 Finances Header

The City of Lansing recognizes the important role that households play in neighborhoods and economic development. As such, the Office of Financial Empowerment (OFE) is here to support Lansing residents as they navigate the unique financial obstacles before them.  

In response to COVID-19, the City of Lansing is not charging late fees on any City fine or fee during this time. Additionally, the 54-A District Court is not charging late fees, entering orders of default, suspending licenses, or issuing warrants for nonpayment for the time being. 

Below, the OFE has compiled financial tips, resources, and information on basic needs like food, shelter, transportation, and utilities, to expenses like student loans and income taxes, as well as answers to commonly asked questions about the recently passed stimulus bill.

Please note that the information below is meant for informational purposes only.

  1. Shelter
  2. Food
  3. Utilities

The Coronavirus Aid, Relief, and Economic Security Act (CARES Act) is a recent stimulus bill that includes mortgage forbearance.  The Consumer Financial Protection Bureau (CFPB) has released a short informational video to help explain the practice of mortgage forbearance.  Please contact your mortgage lender if you have questions about applying for forbearance.  As this situation develops, continue to communicate with your mortgage lender to learn about additional services they may be offering.

For renters and homeowners alike, if you anticipate not having the the full payment on time, it’s recommended that you communicate early and honestly with your mortgage company or landlord.

Governor Whitmer, through an Executive Order, has temporarily suspended evictions in the State of Michigan until March 31, 2020 at 11:59 p.m.  However, after the suspension on evictions is lifted, you could be evicted for non-payment.  Be sure you’re planning ahead and paying as much as you can. 

Your local court, 54-A District Court, in compliance with Governor Whitmer’s Executive Order, is not issuing writs of eviction for the time being. If you feel you are in danger of being evicted or foreclosed upon, contact Joe McDonald, City of Lansing Housing Ombudsman at (517) 275-2376 or email him at [email protected] .

 

Stimulus Bill FAQ

Who is eligible and how much can I expect?

The IRS has listed eligibility prerequisites on their website.  

The Coronavirus Aid, Relief, and Economic Security Act (CARES Act) would provide a one-time $1,200 payment to most individuals that earned less than $75,000 last year.  For married couples, each person would receive a check and families would get $500 per child.  

If you filed a Head of Household return in 2018 or 2019 and your Adjusted Gross Income (AGI) was less than $112,500, you will receive the full amount.

If you filed a Married Filing Joint tax return and your AGI was less than $150,000, you will receive the full amount.

The amount of your stimulus payment will be $5 less for every $100 in income you have over these limits.

You will receive the stimulus even if you did not file a tax return because you had no taxable income, or not enough taxable income to be required to pay (such as those whose only income is Social Security or Disability).  

Where is my Stimulus Check?

If you believe you are eligible to receive a stimulus check, whether it be through direct deposit or check, the IRS has created the ’Get My Payment’ (available in mid-April) application to check the status of your stimulus payment.

Who is ineligible?

Nonresidents, individuals whose deductions can go to another taxpayer, those without a valid social security number, estates or trusts, and those who are:

  • Single and make more than $99,000 in AGI
  • Head of household and make more than $146,500 in AGI (with one child)
  • Married filing joint couples who make more than $198,000 (with no children).

How Will I Receive the Stimulus?

If you filed a tax return in 2018 or 2019 the federal government will use that information to figure out how much money to send you and how to get it to you. 

If you received your refund via direct deposit, they will use the same bank account to pay your stimulus. If you did not use direct deposit, they will mail a check to the address on your 2018 or 2019 return. 

If you did not file a tax return because your only income is from Social Security, you will still receive the stimulus. The federal government will use the address on your Social Security Benefit Statement (Form SSA-1099). 

What if I moved? 

If you moved since your last tax return or received your last Social Security Benefit Statement, you should immediately fill out Form 8822 change of address form and mail it in. It takes 4-6 weeks to process this change so you’ll want to do this as soon as possible.

What if I did not file tax returns in 2018 or 2019?

If you had any taxable income at all – even a few dollars in interest – file a return electronically or by mail. The printable forms can be found here. If you’re filing electronically, we suggest using the IRS free-file program or the My Free Taxes program.

If you had no taxable income, do not file electronically. Entering $0 in AGI will make the return kick-back as the system will not understand why you are filing if you had no taxable income. Use the printable forms and mail them.

Don’t forget to sign the 1040 form before mailing it.

The Capital Area United Way’s free tax prep assistance program, VITA, has had to shut down for safety reasons. When the stay-at-home order is lifted, you can call 211 to schedule a VITA free tax prep appointment. For more information, visit their website.

How can I cash my stimulus check? I do not have a bank account. 

The City of Lansing has partnered with Michigan State University Federal Credit Union, CASE Credit Union, Dart Bank, Flagstar Bank, and Lake Trust Credit Union to ensure you do not have to pay high fees in order to cash this check. These institutions will work with you to open a bank account. The Cities for Financial Empowerment (CFE) Fund also offers guidance for safe and affordable banking on their website.  

Note: Most people -- including everyone who filed a 2018 or 2019 tax return, as well as all Social Security beneficiaries -- should be paid automatically by the IRS. If the IRS does not have your direct deposit information, watch for instructions from the U.S. Department of Treasury in the coming weeks about how to provide your banking information to the IRS online. Additional information will be posted on www.irs.gov/coronavirus as soon as it becomes available.

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Student Loans

The CARES Act automatically suspends payments on all federally-owned student loans until September 30, 2021. No interest will accrue on these loans during this suspension. Additional information is available on the U.S. Department of Education website at www.ed.gov/coronavirus.

Federally-Owned Student Loan Servicer

Contact

CornerStone

1-800-663-1662

FedLoan Servicing (PHEAA)

1-800-699-2908

Granite State – GSMR

1-888-556-0022

Great Lakes Educational Loan Services, Inc.

1-800-236-4300

HESC/Edfinancial

1-855-337-6884

MOHELA

1-888-866-4352

Navient

1-800-722-1300

Nelnet

1-888-486-4722

OSLA Servicing

1-866-264-9762

ECSI

1-866-313-3797