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Stimulus update: Deadline for New Mexico residents to claim $400 direct one-time payments is today - Washington Examiner

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The deadline for low-income households in New Mexico to apply for a fourth economic stimulus check worth at least $400 is today.

The stimulus check, being administered by the New Mexico Human Services Department, is accepting applications until 5 p.m. today through the YES New Mexico website. The fourth check is intended for low-income households, according to the state.

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“Depending on the number of eligible applications, the funds can be distributed accordingly,” an HSD spokesperson told KRQE News 13. “Our hope is that we get a good amount of applications so that we can serve the people who need it the most.”

The New Mexico Department of Finance and Administration will start sending payments to approved applicants before the end of November. Those chosen for the check will be informed of their confirmation, according to the outlet.

Only a limited number of applications will be accepted due to the $10 million budget for this payment, according to HSD. Funding for the payment was approved by lawmakers during the 2022 legislative session.

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Officials will prioritize households with the lowest incomes but will not be setting a maximum income for the payment's eligibility, according to the state.

Several states, including New Mexico, are looking to provide financial assistance to residents struggling amid high inflation.

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