Deadline is TODAY to apply for $500 a month guaranteed income program

CHILDREN adults in Kentucky must apply today if they want to qualify for the $500 a month guaranteed income program.

The program, called YALife, will see 150 randomly selected 18-24 year olds in Louisville receive a recurring payment to help ease their financial burden as they enter higher education or pursue career.

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Applications opened on February 10 and will close today.

The program is being led by Metro United Way, Russell: A Place of Promise, and the Metro Louisville Government.

Teens in the neighborhoods of California, Russell and Smoketown can apply for grants, Louisville Courier-Journal reported.

Recipients can spend money on anything they want.

The total payment will be $900,000 and approximately $100,000 will be provided by the Metro Louisville Government.

“So what we’re doing and what these pilots have done around the country is give young people some breathing room and some not,” said Louisville Metro Mayor Greg Fischer. time so that they can examine and explore the options and opportunities that should be part of every young life and should not be out of reach because of inability to pay”.

Cities across the country have opted for mutual benefit income programs that aim to reduce the gap between rich and poor.

Single mothers in Birmingham, Alabama was able to sign up for a plan where 110 would receive a monthly payment of $375 for one year.

The program opens on January 31 and parents only have one week to submit their applications.

In December 2021, Durham, North Carolina debuts Excel Test Program that is paying $500 monthly for a year.

Eligible persons must be 18 years of age or older and have been incarcerated.

Recipients whose income must not exceed 60 percent of the regional average to be considered for the program.

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In addition, the detention must have taken place within the past five years.

And, California Senator Dave Cortese is leading efforts to help thousands of students receive a recurring $500 payment.

San Francisco State, CSU East Bay, CSU Los Angeles, Fresno State and San Jose State are being considered.

Three facilities will cost California about $57 million, while five facilities will cost about $84 million, according to his rough estimate.

If approved, the program would provide aid to students whose families are in the bottom 20% of the state.

Up to 14,000 students may be eligible for assistance.