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2021 payments reached 61 million American children and approximately 661,00 Iowan children and 371,000 Iowa families
The Iowa Hunger Summit will host a live webinar on July 14 at 1 p.m. CST, to discuss the impacts of the expanded child tax credit, which reached 61 million children in more than 36 million households nationwide, according to the Center on Policy and Social Prosperity (CPSP) at Columbia University. In Iowa, an estimated 661,000 children in 371,000 families received benefits from the expansion, according to the White House.
The webinar, “What We Know About the Child Tax Credit and Food Hardship,” will feature research director Sophie Collyer and policy director Megan Curran of CPSP, and be moderated by Kyle Poorman, director of the World Food Prize Foundation’s Iowa Hunger Summit. This virtual event is free and open to the public. Registration is now open on the Iowa Hunger Summit website.
The child tax credit was expanded in 2021 as part of the federal American Rescue Plan (ARP). According to CPSP, the first Child Tax Credit payment in July 2021, on its own, reduced the monthly child poverty rate by 26 percent and kept 3 million children from poverty. The ARP funding ended in December 2021. An extension through 2022 has been proposed as part of the Build Back Better legislation.
“The research from our partners at CPSP shows that monthly child tax credits have played a significant role in addressing food hardship during the COVID-19 pandemic,” said Poorman of the Iowa Hunger Summit. “This webinar is an opportunity to learn more about the benefits for families and the opportunities to build on those successes.”