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Federal Emergency Loan Program for Maryland Residents

Federal Emergency Loan Program for Maryland Residents

Lost your federal job in Maryland? You may qualify for a $700 loan.

Maryland has launched a Federal Emergency Loan Program to support former federal employees facing financial hardship, according to an announcement from Gov. Wes Moore. The program, created through the Protect Our Federal Workers Act, offers a $700 interest-free loan to qualified individuals. The loan must be repaid within 180 days, with an option for a 90-day extension if financial hardship continues.

To qualify, applicants must be Maryland residents who lost their federal jobs due to mass layoffs, relocations or closures within the past six months. They must also demonstrate financial hardship, such as difficulty paying for housing, utilities, healthcare or other essential expenses. “Maryland is mobilizing,” Moore said in the announcement. “In partnership with the Maryland General Assembly, we are extending a hand to our public servants and protecting our people.”

House Majority Whip Jazz M. Lewis emphasized the importance of supporting federal workers who lost their jobs due to decisions in Washington. “These are our neighbors, our veterans, our civil servants — people who dedicated their lives to this country,” Lewis said. “With this program, Maryland is doing what Washington won’t: standing by the people who’ve always stood up for us.”

Maryland Department of Labor Secretary Portia Wu highlighted the program as part of a larger effort to respond to federal job loss and help Marylanders transition to new careers. The loan application is available online at mdol.submittable.com/submit. Applicants must provide documentation of Maryland residency, the cause and date of their federal employment termination, and attest to their financial hardship.

For more information, go to the Maryland Department of Labor’s website or contact the support team via email at mdfedworkerloan@submittable.com or by phone at 410-541-1075 between 9 a.m. and 5 p.m. Monday through Friday.

Read original article by Janis Reeser >>

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