Madison, WI Financial Assistance
A Guide on Financial Assistance for Madison Families In Financial Need
If you're a Madison resident currently struggling with your finances, don't fret, as there are various government-issued financial assistance programs and non-profit organizations looking to help. This guide will provide comprehensive explanations of the assistance you can access, eligibility criteria, application processes, and practical strategies to overcome financial struggles.
Government Financial Assistance Options
Both federal and state-level government agencies provide a handful of financial assistance programs. Here are several that may apply to you:
- Medical Assistance (Medicaid): This program provides health coverage for low-income individuals and families. Wisconsin Medicaid serves Madison residents; it covers routine checkups, medications, hospital stays, and many other healthcare costs.
- FoodShare Wisconsin: Formerly known as food stamps, this program provides assistance in purchasing food to qualifying residents.
- Supplemental Security Income (SSI): This federally funded program provides monthly payments to Madison residents who are aged, blind, or disabled and have limited income or resources.
- Wisconsin Shares Child Care Subsidy: For families in need, the state helps cover part of the cost related to child-care services.
- Wisconsin Home Energy Assistance Program (WHEAP): Provides financial help for heating costs, electric costs, and energy crisis situations.
- Wisconsin Works (W-2): Provides payment and job training for low-income parents who are eligible.
Eligibility Criteria
Eligibility criteria for these programs typically depend on factors such as household size, income level, disability status, age, and more.
- For Medicaid and FoodShare, the main determinant is your income level - how it compares with the Federal Poverty Level.
- Application for SSI may require proof of age, blindness or disability, limited income or resources.
- For WHEAP, income must be less than or equal to 60% of the state's median income.
- For W-2, you must be working, able to work or looking for work.
How to Apply
You can apply for any of these government programs online via the ACCESS website, the Wisconsin Department of Health Services’ portal. W-2 applications are to be made at the local job center. Alternatively, by calling the Wisconsin helpline you can also receive instructions on postal and in-person applications. Medicaid applications can be completed at your local county or tribal office.
Non-Profit Assistance
There are also local non-profit organizations such as Dane County Department of Human Services and The Road Home that offer emergency housing or cash-paying assistance to Madison's families in need. The United Way of Dane County and Madison Community Foundation also offer numerous assistance programs for families and individuals facing financial struggles.
Strategies to Overcome Financial Struggles
Here are some strategies you might consider:
- Financial Planning: Assess your income and expenses, make a budget, prioritize your essential costs, and eliminate unnecessary expenses.
- Income Increase: Look for additional income sources. This could be part-time jobs, online freelancing, or potential hobbies you can monetize.
- Debt Management: Aggressively pay off high-interest debt. Moreover, getting advice from a credit counselor can be useful.
- Education and Training: Consider investing in education or job training to increase your job opportunities and potential income.
In conclusion, while financial struggles can be hard, know that assistance is available. Make the most of the services offered to get back on your feet as soon as possible.
Search for Financial Assistance in Wisconsin
Latest additions in Wisconsin
Wisconsin AIDS Drug Assistance Program
This program
subsidizes the cost of life-prolonging drugs for low-income Wisconsin
residents with AIDS or HIV infection.
Also available for those living
with both Hepatitis C and HIV. .. (continue to details page for more info and costs)
43.0700000,-89.3800000
- Phone
- (608) 267-6875
- Location
- Madison, WI
Tomorrows Home Foundation Inc
They make down payment
grants for the disabled and they provide critical home repairs to keep low
income families from becoming homeless. .. (continue to details page for more info and costs)
43.0747341,-89.3881774
- Phone
- (608) 255-1088
- Location
- Madison, WI
Energy Services Inc
To provide energy assistance to
economically disadvantaged .. (continue to details page for more info and costs)
43.0533654,-89.3956635
- Phone
- (800) 506-5596
- Location
- Madison, WI
Cbm Credit Education Foundation Inc
The Foundation s
philosophy is to focus on increasing financial literacy and the wise use
of consumer credit.
Toward this end, the Foundation will support, fund,
present and/or participate in progrmas for schools, business and civic
groups to promote financial literacy emphasizing an understanding of the
consumer credit system and the wise use of consumer credit.
This
includes promoting education on how to budget and manage money, types of
credit and the granting of credit, credit reporting, safeguarding
credit, credit fraud, consumer credit counseling, collections, consumer
rights and responsibilities, the true cost of using check cashing and
rent to own services, the disadvantages of bankruptcy, deceptive
practices of credit clinics, mortgage brokers, and predatory lenders, as
well as other relative subjects.
The Foundation supports the educational
efforts of other organizations in this area by providing grants and
other funding and supplying educational materials.
Potential grant
recipients will include community credit counseling services, which
provide counseling to individuals and families experiencing financial
diffiuclties, university extension programs, county extension programs,
and similar non-profit organizations with a goal to enhance financial
literacy and the wise use of consumer credit by supporting new or
existing programs. .. (continue to details page for more info and costs)
43.0613424,-89.3091441
- Phone
- (608) 663-5000
- Location
- Madison, WI
Wisconsin Partnership For Housing Development Inc
Our
mission is to provide leadership in expanding access to affordable
housing opportunities through partnerships among the public, nonprofit
and private sectors, with the goal of creating and sustaining strong
neighborhoods and communities. .. (continue to details page for more info and costs)
43.0742075,-89.3808404
- Phone
- (608) 258-5560
- Location
- Madison, WI
Project Home Inc
PROVIDE HOME REPAIR AND
WEATHERIZATION FOR LOW-INCOME HOME OWNERS AND OCCUPANTS .. (continue to details page for more info and costs)
43.0699299,-89.3107289
- Phone
- (608) 246-3733
- Location
- Madison, WI
CDBG Office - MADISON
*Homelessness Prevention and Rapid Re-Housing Program*
On February 17, 2009, President Obama signed the American Recovery and
Reinvestment Act of 2009,which ludes $1.5 billion for a Homelessness
Prevention Fund. Funding for this program, called the Homelessness
Prevention and Rapid Re-Housing Program (HPRP), is being distributed
based on the formula used for the Emergency Shelter Grants (ESG) program.
Grantees may provide rental assistance or services to eligible program
participants who are residing or would like to reside outside their
jurisdiction. They may also fund ubgrantees that serve persons outside
of the jurisdiction, subgrantees that are located outside of the
jurisdiction, and subgrantees that serve multiple jurisdictions. A
grantee may establish more stringent requirements, such as requiring
that HPRP funds be spent within the jurisdiction or establishing a
residency requirement,but HUD is not setting these requirements.
Counties served:Milwaukee County
Child Care ProgramCommunity Resource ProgramChild Care Assistance ProgramSenior Program .. (continue to details page for more info and costs)
43.0700000,-89.3800000
- Phone
- (608) 261-9148
- Location
- Madison, WI
Wisconsin Department of Commerce - WI STATE PROGRAM
*Homelessness Prevention and Rapid Re-Housing Program*
On February 17, 2009, President Obama signed the American Recovery and
Reinvestment Act of 2009,which ludes $1.5 billion for a Homelessness
Prevention Fund. Funding for this program, called the Homelessness
Prevention and Rapid Re-Housing Program (HPRP), is being distributed
based on the formula used for the Emergency Shelter Grants (ESG) program.
Grantees may provide rental assistance or services to eligible program
participants who are residing or would like to reside outside their
jurisdiction. They may also fund ubgrantees that serve persons outside
of the jurisdiction, subgrantees that are located outside of the
jurisdiction, and subgrantees that serve multiple jurisdictions. A
grantee may establish more stringent requirements, such as requiring
that HPRP funds be spent within the jurisdiction or establishing a
residency requirement,but HUD is not setting these requirements.
Counties served:Kanawha County
.. (continue to details page for more info and costs)
43.0727240,-89.3861860
- Phone
- (608) 267-2713
- Location
- Madison, WI
Dane County Job Center
For more information, about Financial assistance and other services provided by this office, contact them directly to the number provided.
.. (continue to details page for more info and costs)
43.1134374,-89.3610296
- Phone
- (608) 242-7441
- Location
- Madison, WI