The Tennessee Department of Human Services (TDHS) is making essential financial resources available to families that have been significantly impacted by the COVID-19 emergency.
If the head of a household is bringing in $39,000 annually and is married with two children, their weekly take home pay after taxes rings in at $657.05 or $2,628.20 monthly. After one mortgage payment of $950, it drops down to $1,678.20 followed by a single car payment of $300 it equals $1,378.20. If you are the only one working and you add into the mix utilities and insurance for your home and auto, you only have $978.20 left each month. This is the scenario many residents are facing. With one week off of work and a skipped paycheck (if your work is paid hourly), the amount falls down to only $321.15 remaining in your bank account. If you have two weeks without work and without pay, your account is suddenly in the negative with no money for food.
The Tennessee Department of Human Services (TDHS) is opening its Two- Generation (2Gen) grant process today to award up to $50 million in funding to non-profit organizations with experience helping move children and their parents toward educational success and economic security.
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