Clovis (KSMX) – New Mexico is one of the first states to receive lost wages funding from The Federal Emergency Management Agency (FEMA). The emergency relief agency made up to $44 billion available for financial assistance to Americans who lost wages because of the pandemic.
FEMA approved the first round of grants to Arizona, Iowa, Louisiana, and New Mexico. States are expected to cover $100, or 25%, of the cost of the additional unemployment benefits, meaning that unemployed Americans would ideally be receiving an additional $400 per week.
This move by FEMA comes after President Trump took executive action earlier this month to make funds from the agency’s Disaster Relief Fund available to states to supplement unemployment insurance.