$6,000 in no-obligation payment to start going out this spring – see who’s eligible

A $500 monthly PILOT program will begin this spring.

In Rochester, New York, the guaranteed basic income program was already approved in 2021.

The program provides monthly payments of $500

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The program provides monthly payments of $500Photo credit: Getty

The exact details are still being decided, but what is known is that about 175 people will be chosen to pay the monthly payments for a full year, according to the Black Community Focus Fund – a charity working closely with the city to develop the program receive.

In the second year of the program, another group of 175 residents will receive the same amount for the same amount of time.

The payments are “unconditional, regular and direct cash payments”, meaning there are no limits to how the money can be used.

To be eligible, households must be at or below 200 percent of the federal poverty line.

Americans are set to start receiving $500 in direct payments every month within a few weeks
Americans could queue for new $600 monthly checks for a year

It is estimated that the program will cost $2.2 million, which will come from the city’s $202 million American Rescue Act budget.

“The GBI program will provide critical resources to marginalized communities and help fill the community’s wealth gap while helping our residents become homeowners,” city officials said in a statement.

SIMILAR PROGRAMS ACROSS THE COUNTRY

Guaranteed Basic Income and Universal Basic Income programs have been introduced in several states and cities.

Low-income residents of Iowa can apply for help through the UpLift program.

Participants will receive $500 in monthly payments for two years to cover their “basic needs.”

A total of 110 people will be selected through a random selection process.

The closing date for applications is Monday 27 February.

On a slightly larger scale, Chelsea Eats, a guaranteed basic income program in Massachusetts, will help 600 to 700 people.

Those who are selected will receive payments ranging from $200 to $400 per month, depending on household size.

There’s no exact date, but city officials told The US Sun payments should begin this month.

Meanwhile, this year one California city is offering $500 payments for a few extra months.

Also, check out the full list of cities and states that offer similar programs.

https://www.the-sun.com/money/7430579/no-strings-attached-payment-start-going-out-spring/ $6,000 in no-obligation payment to start going out this spring – see who’s eligible

TaraSubramaniam

TaraSubramaniam is a Dailynationtoday U.S. News Reporter based in London. His focus is on U.S. politics and the environment. He has covered climate change extensively, as well as healthcare and crime. TaraSubramaniam joined Dailynationtoday in 2023 from the Daily Express and previously worked for Chemist and Druggist and the Jewish Chronicle. He is a graduate of Cambridge University. Languages: English. You can get in touch with me by emailing: tarasubramaniam@dailynationtoday.com.

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