Human Stories of the Coronavirus Pandemic

Neighborhood Trust recently partnered with SaverLife to distribute $1,000 checks generously funded by Humanity Forward to Bronx residents financially impacted by the coronavirus.

Our clients are among the hardest hit financially by the coronavirus pandemic, the hardest to reach, and most likely to be unsupported by the government’s relief efforts. They are small business owners, gig workers, healthcare workers. They are immigrants, documented and undocumented. They are working parents who unexpectedly have to pay for childcare now that school is closed. They are children who now have to support parents who are out of work. They are overloaded by credit card and student loan debt and wondering how they’re going to pay their rent. They are weary of a financial system that has taken advantage of them far too many times.

The $1,000 our clients received has been a lifeline for so many, a sign of hope when things were bleak.

What follows is a snapshot of the people who received these grants and their personal impact stories of how.

From the Epicenter of the Coronavirus Pandemic

Stats and Stories of Bronx Residents Selected to Receive $1,000 Grants

Who Are They?

who-are-they? recipients of $1000 grant from Andrew Yang

who-are-they? recipients of $1000 grant from Andrew Yang

How do they plan on spending the $1,000?

set aside cash for important expenses

64%
Set aside some cash for future expenses related to food and medical expenses

62%
Make smaller partial payments on large bills, such as the rent

make partial payments during lockdown

stabilize utility payments during covid crisis

45%
Stabilize utilities like cell phone and ConEd

How has the crisis affected them financially?

more mouths to feed during pandemic

33%
More mouths to feed at home

32%
Supporting older parents or other family members

supporting additional family members during coronavirus crisis

spending less on eating out and entertainment during covid lockdown

11%
Saving on eating out and other entertainment and activities

6%
Spending more on online shopping

paying more for online education

3%
Paying more for online education programs or faster internet at home

no savings at time of lockdown

50%
of recipients reported not having any savings when the crisis hit

earnings reduced during lockdown

59%
of recipients have had their family’s earnings significantly reduced or lost in its entirety due to the coronavirus crisis

applied for unemployment when the crisis hit

30%
of recipients applied for unemployment

applied for food stamps when crisis hit

48%
of recipients applied for SNAP (food stamps)

What recommended actions are they likely to do to help navigate their finances during this crisis?

request for waived late fees during covid crisis

38%
Requesting waived late fees

39%
Documenting the disruptions to their income and budget, as well as all of their efforts to manage their obligations

documenting financial impact during pandemic lockdown

changed due dates on bills during covid crisis

37%
Requesting changes to due dates

33%
Proactively communicating their plans to their creditors, if possible

proactively communicated with creditors during coronavirus lockdown

To download the infographic click here.