Maryland Gov. Wes Moore Launches New Loan Program For Federal Workers

We are heading into another week of the government shutdown. As bills continue to pour in for federal workers, Maryland is now offering financial assistance to lighten the load. In efforts to support federal workers in Maryland, Governor Wes Moore has launched a loan program to provide financial assistance for essential federal workers. This effort addresses the growing challenges faced by many federal employees, who are affected by the government shutdown. The program aims to serve as a safety net, ensuring workers have access to vital resources during this stressful time. The program offers federal workers a one-time loan of $700 which must be repaid within 45 days after the shutdown ends. This attempt will help employees manage their expenses and unforeseen financial burdens.

Federal workers must meet specific eligibility criteria. Applicants must be a Maryland resident and federal employee. Specific requirements are designed to ensure that assistance goes to those facing genuine financial difficulties The application process is streamlined, allowing workers to quickly obtain the funds they need without unnecessary delays. The loans can be utilized for various purposes, including but not limited to covering food, utilities, rent/mortgage payments, unexpected medical costs or urgent vehicle repairs.