Help For Veterans In Financial Trouble

Help For Veterans In Financial Trouble – SHREVEPORT, LA – They have served and sacrificed for our country, but more than a third (36%) of Louisiana’s 224,516 veterans struggle to pay for their basics, according to a new report from the United Way of Northwest Louisiana (UWNWLA) and United For ALICE’s research partner.

In 2019, while 9% of veterans in the state considered themselves poor, 27%, three times as many, were ALICE (Limited Assets, Limited Income, Employed). ALICE households earn more than the federal poverty level, but less than it costs to live and work in the modern economy. Overall, 36% of Louisiana veterans were below the ALICE Financial Survival Threshold, with incomes that did not meet the basic costs of housing, child care, health care, transportation, and a smartphone plan.

Help For Veterans In Financial Trouble

“With our freedom comes the responsibility to ensure that those who have served and sacrificed do not have to struggle to make ends meet when they return home,” said LaToria Thomas, UWNWLA President and CEO. “Although the veterans have additional support, clearly there is still room for improvement.”

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The report and interactive tools reveal that while veterans experience lower rates of financial hardship than those who never served, Louisiana veterans face some tougher financial barriers than their counterparts in Texas and Mississippi.

For example, the 28% of Louisiana veterans earning below the ALICE threshold spent more than 35% of their income on mortgages, utilities, taxes, and insurance. That compares to 26% in Mississippi. And for renters, 50% of Louisiana veterans struggle to pay rent compared to 36% in Mississippi.

Additionally, only 13% of financially insecure Louisiana veterans participated in the Supplemental Nutrition Assistance Program (SNAP), compared to 17% in Texas.

Still, there are some lessons to be learned from the data, said United For ALICE national director Stephanie Hoopes, Ph.D. Veterans in the state fare slightly better than non-veterans, with 36% struggling to make ends meet compared to 46% of adults who never served.

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“Veterans have higher rates of full-time employment, are more likely to own homes, and have more comprehensive health insurance coverage and disability benefits,” Hoopes said. “This suggests that supporting veterans makes a difference and could provide valuable information for developing strategies to help non-veterans experiencing financial hardship.”

Interactive data table, providing filters for regional and local geographies, age, race, disability status, living arrangements, employment status, and proximity to military bases. Visit UnitedForALICE.org/Focus-Veterans.

Research series, derived from the US Census Bureau’s American Community Survey (ACS) Public Use Microdata Samples (PUMS). Each installment in the series highlights a specific segment in the ALICE demographic . The remaining doses were concentrated in children and people with disabilities.

For more than 100 years, the United Way of Northwest Louisiana has improved the lives of people in our community. The organization fights for the health, education, financial stability and basic needs of all while helping those in crisis. United Way of Northwest Louisiana serves agencies in an area of ​​ten parishes and operates twelve of its own human services programs. Each United Way organization operates independently of one another and decisions are made by local leaders.

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United For ALICE is a driver of innovation, research and action to improve the lives of ALICE (limited assets, limited income, employees) and everyone across the country. Through the development of the ALICE metrics, a comprehensive and unbiased picture of economic hardship has emerged. Leveraging this data and research on the mismatch between low-wage jobs and the cost of living, ALICE partners meet, advocate, and collaborate on solutions that promote financial stability at the local, state, and national levels. This grassroots ALICE movement, led by the United Way of Northern New Jersey, has spread to 24 states and includes the United Way, corporations, nonprofits, and foundations in Arkansas, Connecticut, Delaware, Florida, Hawaii, Idaho, Illinois , Indiana, Iowa, Louisiana. , Maryland, Michigan, Mississippi, New Jersey, New York, Ohio, Oregon, Pennsylvania, Tennessee, Texas, Virginia, Washington, D.C., West Virginia, and Wisconsin. We are United by ALIS. For more information, visit: UnitedForALICE.org. The transition from active military service can be a big adjustment, and the transition to civilian life can involve many financial difficulties. Whether you’re an active duty soldier or have been out of the military for decades, we want to help you overcome financial obstacles. With that in mind, we’ve rounded up the best veteran resources that offer financial assistance to veterans so you can start finding hope and financial freedom.

There are countless federal, state, and non-profit grant programs for disabled veterans trying to pay medical bills. The organizations listed below offer financial assistance to veterans through grants and scholarships that can be used for living expenses and medical treatment. Visit the links to see which providers and programs work best for your needs.

This private, nonprofit organization provides short- and long-term emergency financial assistance to disabled veterans who were injured while serving in Operation Enduring and Iraqi Freedom. The funds can be used for medical and living expenses, among other needs.

Founded in 2004, this nonprofit organization provides financial assistance to disabled veterans during Operation Enduring Freedom, Operation Iraqi Freedom, and Operation New Dawn. Veterans Assistance (VA) coverage includes paying utility bills, car, rent and mortgage payments, and other living expenses like food and transportation.

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The American Legion’s TFA program supports minor children of veterans who are members of the American Legion or members on active duty. By providing cash grants to families to help with the cost of food, utilities, housing and health expenses, they hope to keep children in a stable life at home.

For veterans who were injured while serving, these veteran assistance programs offer ways to help them find treatment without going into debt.

This organization’s Military Families Program aims to help veteran caregivers. The Veterans Assistance Program provides emotional and financial support to families with children so they can help their veterans get back on their feet.

The Military Assistance Response program through USACares provides account assistance for veterans due to a military service incident. The goal is to create long-term stability by improving quality of life.

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The VFW helps military families through the unmet needs program. Families experiencing financial hardship may receive grants of up to $1,500 to help pay for basic living expenses.

Operation First Response offers a family assistance program that provides financial assistance to injured veterans as they go through the VA claims process. The funds help veterans cover basic needs like clothing, rent, groceries, car payments and more.

The Fund is committed to providing financial assistance to veterans and support to wounded, sick and injured members of all branches of the US Armed Forces. The Servicemembers and Family Support Program offers financial assistance with housing , transportation, bedside support and caregiver support to name just a few.

Women veterans now make up about 11 percent of the veteran population, according to the Pew Research Center. But that number is projected to rise to 18 percent by 2046. While the above programs are for men and women, the following programs specifically help female veterans.

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This nonprofit organization provides financial assistance to women veterans through transition, education, and advocacy initiatives. Female combat veterans returning to civilian life can find help with basic living expenses through the organization’s emergency financial assistance.

The Dixon Center offers one-time grants through the Women Veterans Emergency Financial Assistance Program to women veterans and their families experiencing financial hardship. Veterans grants can be used to cover the cost of everything from gas, vocational training, housing costs, and more.

This online mentoring program for veterans and other military personnel has helped more than 6,700 women trying to navigate the civilian workforce. Mentors help find career resources for veterans to help shape and achieve career goals.

Veterans currently make up about a third of the adult homeless population, according to We Honor Veterans. If you’re a homeless veteran looking for help, check out these organizations that help veterans pay their bills and more.

Veterans Benefits & Resources

The housing program through Veterans Inc. aims to end chronic homelessness among veterans. Help veterans find local housing, get job training, get legal and medical advice, and more. A request for accommodation can be made quickly and easily through their website or you can call them for more details.

This organization understands that every veteran deserves to have a home. Veterans work with a coordinator to find housing options. Temporary financial assistance is provided. In addition, prevention services are offered to homeless veterans. It is important to note that they only serve families of veterans in San Diego and Imperial Valley counties.

The HUD-VASH program helps veterans across the country find permanent housing through a combination of HUD housing vouchers and veterans affairs services. See VA Programs for Homeless Veterans for more information. The National Call Center for Homeless Veterans is also available 24/7 to access VA services.

This nonprofit organization recognizes the challenges veterans may face after returning to civilian life. The Homecoming Heroes grant can help with rental assistance for veterans or be used to cover one-time emergency expenses. The goal of this grant is to prevent veterans from entering poverty when they return home after deployment.

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The US government and non-profit organizations have long

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