Americans can start claiming $500 monthly direct payments in days — see the exact date

A NEW guaranteed income program will distribute a total of $6,000 to 150 households.

The City of Evanston, Illinois has partnered with Northwestern University to start the pilot program.

The income program runs for a full year

1

The income program runs for a full year

Once a month for a year, participants will receive a preloaded $500 debit card with no restrictions on what it can be used for.

This program is funded primarily by the university and the city, including $700,000 in federal bailout funds.

The payments are designed to complement other programs already in place.

Mayor Daniel Biss said Evanston is proud to be joining the growing Guaranteed Income movement.

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“These programs provide support without strings attached, giving recipients the freedom to spend the funds in ways that make most sense for them and their families,” he said.

authorization

Participants must live in Evanston in a household whose income is at or below 250% of the federal poverty line and fit into one of the following groups:

  • Adult 18-24 years old
  • Adults aged 62 and over
  • Undocumented Community Members

Applications will be accepted from August 15th to August 29th and can be found here.

As part of the program, researchers from Northwestern University will study the impact of the payments on families.

Similar programs across the country

The idea of ​​a guaranteed income program has become popular in many states.

For example, in Alexandria, Virginia, a Guaranteed Income pilot program provides 150 participants with $500 a month for two years.

This program runs until December 2023.

Troubled families in Phoenix, Arizona are getting $1,000 in debit cards for a year.

To be eligible, a family of four’s income must not exceed 80% of the median income for the area, which is $63,200.

A total of 5,000 low-income people will receive $500 a month for a year as part of Chicago’s Resilient Communities pilot program.

The first recipients received the direct payments in July.

The city said it is the country’s largest guaranteed income program.

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The Sun has a full list of cities and states that offer monthly direct payments.

Also, check if you’re eligible for $2,000 in monthly payments.

https://www.the-sun.com/money/5985754/americans-applying-monthly-direct-payments-exact-date/ Americans can start claiming $500 monthly direct payments in days — see the exact date

CELINE CASTRONUOVO

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