The STIMULUS check gave Americans a feel for a universal basic income (UBI) – but people in some states and cities are getting used to the idea.
UBI is a set of periodic payments that individuals receive from the government. These payments can be made monthly, several times a year, or just once annually.
This is an idea that entrepreneurs Andrew Yang, who recently left the Democratic party, is focused on his 2020 Presidential campaign.
Then Mr. Yang, while running for mayor of New York City, came up with the idea of providing the bottom half a million residents with a $2,000 annual payment.
And spoiler alert – he didn’t win.
However, those things were not made to recur.
Instead, they serve a purpose help citizens who need to stimulate the economy by giving them more money to spend during the financial downturn.
While it is unlikely that another stimulus package will be passed at the federal level, some states are still handing out UBIs to their citizens. We list them below.
For a while, Alaska offered checks to its citizens under the Alaska Permanent Fund.
The fund, established in 1982, was established to provide state citizens with a share of the state’s oil revenues.
The sovereign wealth fund pays annual dividends to qualified citizens.
To qualify, you must have been an Alaska resident for at least a year — but you are not eligible if you have been convicted of state felonies or jailed.
This year’s payment went to 643,000 Alaskans, totaling $1,114 each.
The highest payout occurred in 2008 when the payout was $2,069.
The City of Birmingham, Alabama will pay guaranteed single mothers income for one year.
There will be 100 mothers receiving $375 a month for a year.
The program will start accepting applications on January 31 for just one week.
Windy City will offer a UBI . program as well as low-income households.
Eligible families earning less than $35,000 per year will receive $500 in monthly payments.
Struggling fathers in Columbia, South Carolina can receive periodic support under a city program.
Last year, 100 low-income Columbia dads received a $500 debit card.
They will continue to receive those payments for another 11 months.
This year, 115 Durham, North Carolina residents who have been incarcerated will be selected for the city Excel Test Program, will send payments of $500 per month for one year.
Most of the funds for the $700,000 pilot program will be provided by Twitter co-founder Jack Dorsey.
Eligible participants must be 18 years of age or older.
Although there is no job requirement, if you do earn income it should not exceed 60% of the area median income.
In addition, the detention must have taken place within the past five years.
The program will begin in 2022 and continue through January 2023.
You can see if you qualify by filling out pre-screening form.
The state of Georgia has two UBI programs, which help women and low-income residents.
First, about 650 black women in Georgia were set up to receive a monthly payment of $850 in the next two years.
Launched by Georgia Resilience and Opportunity Foundation At the beginning of 2022, the program is worth about $13 million.
It will initially be available in Atlanta’s historic Old Quarter 4, but will later expand to at least two other locations in Southwest Georgia and the Metro Atlanta suburbs.
Second, an Atlanta show called COLLISION will help 300 residents who are 18 years of age or older and live below 200% of the federal poverty level.
Those accepted will receive $500 per month in guaranteed income for a period of 12 months.
In December, the Urban League of Greater Atlanta is working to make the first payments to the initial group of 25 participants.
7. Los Angeles
Los Angeles also recently announced a UBI plan for low-income workers.
A total of 3,200 families will receive $1,000 in monthly installments for one year.
Eligible families have income at or below the federal poverty level ($26,200 for a family of four).
Thanks to Newark, New Jersey expands it”guaranteed income pilot program,“400 residents will be paid over two years.
Payments totaling $12,000 over two years will be made in two ways.
Half of those participating in the program will receive $250 biweekly, while the other 50% will receive two payments of $3,000 annually, according to a city statement.
Program residents are selected after submitting an online application, conducted in partnership with the University of Pennsylvania’s Center for Guaranteed Income Research.
Residents are selected based on the following requirements:
- Must be 18 years or older
- Must have income at or below 200 percent of the federal poverty line
- Having to suffer the adverse effects of the COVID-19 pandemic
9. New Orleans
Teens in New Orleans, Louisiana begin receiving $350 monthly payments in December as part of state financial literacy program.
These will recur in 10 months.
To be eligible, you must be between the ages of 16 and 24 and either unemployed or unschooled.
ten. New York
During the pandemic, not many groups suffer from high unemployment like artists.
And that’s why Rebuilding New York (CRNY) initiative was launched by the Andrew W. Mellon Foundation, which supports the arts and humanities.
CRNY program will offer 125 million dollars over three years to 2,700 artists in the state of New York.
Funds are allocated to UBI and employment opportunities for artists across the state.
Specifically, 2,400 artists with “financial need” will receive “non-binding payments” monthly, according to the program.
In addition, the second component of the program provides work for 300 artists at dozens of community arts organizations across New York.
While the program doesn’t provide specifics on the exact amount that eligible artists will receive monthly, we estimate them to come to about $1,446 per eligible artist.
But of course, that’s just an estimate based on program size.
CRNY will accept applications in early 2022, according to Times Union.
Another program is providing a guaranteed income to 100 New York City mothers with children under the age of three.
Mothers are getting $1,000 a month for three years.
The program is set to expand this spring.
Pittsburgh plans to use some of its Covid funds to bail out 200 low-income households.
Specifically, those households will receive payments of $500 a month for two years.
According to Pittsburgh Mayor Bill Peduto, the city will begin paying later this year.
Assuming they receive full payments in 24 months, those would equal $12,000.
In December, Rochester council approved a two-year pilot program.
The program aims to provide $500 payments to 175 low-income Rochester, NY families for the first 12 months.
Then, the following year, another group of 175 families in Rochester, NY will receive a $500 monthly payment.
Payments will go to households at or below 200% of the federal poverty level.
Incoming Mayor Malik Evans is supportive of the program but he wants to explore something using private and charitable foundations – meaning the payments to families could be larger.
People who live in Shreveport, Louisiana can start registration for UBI payment $660 now is 12 months.
To receive the payments, a city resident must be a single parent with an income 120% less than the federal poverty level.
The City defines a single parent as the mother, father, step-parent, grandparent, carer or legal guardian of a school-age child.
As of August 2021, children must be three years of age or younger under 20 years of age.
Also, the city says if you’re not married, you can’t live with a partner.
The city accepts applications until January 17, and selected participants will be notified within three weeks.
14. Washington DC
On January 13, Washington DC Mayor Muriel Bowser announced a new $1.5 million UBI program for new parents in the state.
DC’s Strong Families, Strong Futures program will provide $900 per month for one year to 132 new and prospective mothers in Wards 5, 7, and 8.
It will launch in February 2022 and is made by non-profit organization Martha’s Table.
We explain four things you need to know about stimulus payments in 2022 and beyond.
Plus, see how families with kids under 13 can get surprise stimulus payment of $8,000.
https://www.the-sun.com/money/4522867/stimulus-check-universal-basic-income-payments/ Stimulus Check Update: Up to $12,000 Universal Basic Income Payments Offered in 14 Cities and States