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Federal Shutdown and DC
During a shutdown, there are no winners and our nation’s federal workers, including the 170,000 federal employees who work in Washington, DC, pay the highest prices. We know that during a federal government shutdown, many employees and businesses in the District experience a sudden loss of income. We also know that the effects are not limited to federal employees and that there are trickle down impacts on our local economy.
Mortgages, Loans and Credit
Many lenders will waive late fees and other penalties for affected federal employees. In addition, some banks and credit unions are offering low or no interest rate loans to help people who need immediate cash.
During the partial federal government shutdown that began on December 22, 2018, and ended on January 25, 2019, 8,278 Federal workers and an estimated 2,138 contractors, for a combined estimated total of 10,416 individuals filed for unemployment benefits in the District of Columbia.