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The deadline to apply for the $500 monthly payments for a year is TOMORROW – are you eligible?

CHILDREN in Kentucky can apply for $500 monthly payments – but the deadline to do so is tomorrow.

The mayor of Louisville said a new program would provide much-needed money to those struggling.

Participants must be between the ages of 18 and 24

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Participants must be between the ages of 18 and 24

The program is called YALift!, which stands for Louisville Adult Income for Conversion.

Hope is guaranteed income will provide financial foundation for young people.

Louisville Mayor Greg Fischer said in a statement: “It sounds simple enough, but the answer to poverty is money.

“Poverty is a shortage of resources, often a systemic shortage of resources, not an individual failure.”

This money can be used for expenses such as rent, meals, school fees, housing or childcare.

“Anything that allows them more flexibility in planning and building their future,” Mr. Fischer added.

How much will each participant get?

Those selected will receive $500 a month for a year.

No strings attached and they can spend as they see fit.

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This payment is intended to supplement, rather than replace, existing income and existing social safety net programs.

Organizers feel the projects recognize that the participants are experts in their own lives and need cash to achieve their goals.

Who is eligible?

FAST! will provide for 150 young people, ages 18 to 24, monthly income for a year.

They need to live in one of three neighborhoods: California, Russell, and Smoketown.

Organizers point to data showing concentrated poverty and large gaps in education, employment, home ownership, health and life expectancy.

Leaders believe that starting in these neighborhoods will make the biggest and most immediate impact.

Young people who are interested need to apply.

Participants will be selected at random from the pool of candidates.

In addition to receiving guaranteed income payments, they will participate in providing local data for a national collection of information on the concept’s impact on people and communities.

FAST! are accepting applications until tomorrow, February 21.

We sketch guaranteed income programs offered in each state.

Plus, this is how a mother thinks guaranteed income program was a scam and now she gets $1,000 a month.

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https://www.the-sun.com/money/4708987/young-adults-guaranteed-income-kentucky/ The deadline to apply for the $500 monthly payments for a year is TOMORROW – are you eligible?

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