Business Report: Disaster unemployment assistance, tolls to fund Hudson River Tunnel Project

Those in "major disaster areas" may qualify for disaster unemployment assistance

Some New Jersey residents who were affected by Hurricane Ida may be getting some added help. The state labor department says they could be eligible for disaster unemployment assistance if they work or live in one of the counties that have been declared a major disaster area. To qualify, an individual would have had to lose their job directly due to the storm. There are several other qualifications an individual would have to meet. The state says before anyone can receive disaster unemployment assistance, they would have to be ineligible for regular unemployment insurance benefits.

Some parents are still waiting for their child care tax credit payments for September. The IRS says the latest payments were sent to households last Wednesday but not everyone received the money. The agency says it’s looking into the situation and will share more information as soon as possible. Congress approved the child care tax credits for 35 million families earlier this year as a way to help households suffering financially due to the pandemic.

New Jersey’s drivers will essentially help pay some of the costs of the new $10 billion-plus Hudson River rail tunnel project. NJ Spotlight News’ John Reitmeyer says under a recently released updated finance plan, New Jersey will use toll revenues from the Turnpike Authority to help pay for the massive project. To find out who else is paying and for the latest timeline on construction, check on John’s article.

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