The COVID-19 Emergency Financial Relief Program

 

The PenFed Foundation’s vision is that all active duty service members are able to serve our nation free of financial worry and that every veteran has a strong financial future. During the COVID-19 outbreak, we understand that military families may experience both health and financial impacts. Foundation President, General (Retired) John W. Nicholson, Jr., has a message for our community:

To our active duty service members and veterans, our message is clear: we want to help.

The PenFed Foundation has a history of helping service members, veterans, their families and caregivers in times of crisis. When hurricanes devastated Puerto Rico, we were there. When the government shutdown affected Coast Guardsmen and their families, we were there. If you need help, or want to help, please contact us, we will do our best to meet your need.

Thanks to all of you who have served our Nation or continue to serve.  You have been there for us, let the PenFed Foundation be there for you.

The PenFed Foundation is working to meet the unique needs in our military community.

The COVID-19 Emergency Financial Relief Program was created to provide financial assistance to all Veterans, Active Duty, Reserves and National Guard who are experiencing a financial setback due to the negative economic effects of the COVID-19 pandemic. The grant amount will support 1 month of payment up to $1500 in the following areas:

·         Rent

·         Mortgage

·         Auto Loan/Lease

·         Utilities (Electric, Water, Heat)

All checks will be sent directly to the creditor or landlord after the grant is approved. The Foundation can only support one emergency financial request per household.

What You’ll Need

·         DD214 or LES

·         A bill or statement for the requested expense

·         An explanation of how the financial setback is related to the COVID-19 pandemic (for example, loss of job due to quarantine and/or public health policies)

Eligibility Requirements

To be eligible for this program you must be in one of the following categories:

·         A Veteran that has been honorably discharged

·         A current active-duty service member

·         Currently active in the Reserves

·         Currently active in the National Guard

Here is the link:

You can contact them at:   https://penfedfoundation.org/apply-for-assistance/coronavirus-emergency-financial-assistance/

Toll Free: (800) 558-9224
Local: (703) 838-1200