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Warning you have to subscribe to pay $500 monthly in TOMORROW

HUNDREDS of families have until tomorrow to apply for $500 monthly payments or risk losing their cash.

Low-income families living in Atlanta may qualify for State Income Mobility to Transform Atlanta Community Program (COLLISION).

Hundreds of families from Atlanta until tomorrow must apply for state $500 monthly payments or risk losing their cash

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Hundreds of families from Atlanta until tomorrow must apply for state $500 monthly payments or risk losing their cashCredit: Getty

This is done in partnership with the city and the Urban League of Greater Atlanta and will help 300 residents over 12 months.

To be eligible, you must meet each of the following criteria:

  • Aged 18 years and older
  • Live in Atlanta
  • Have an income below 200 percent of the federal poverty line

The state poverty line for a household of 4 is $55,000.

Those who believe they are eligible will need to fill out application and confirm that they meet the standards.

When eligible people apply, they will be placed in one of three groups: the intervention group, the control group, or the no-participation group.

Those placed in the opt-out and control groups will not receive monthly payments.

However, those in the control group will be invited to complete a survey twice a year. If completed, they will receive a $30 gift card.

Those included in the intervention group will receive $500 in recurring payments for 12 consecutive months through the program.

The intervention team will also be invited to participate in the survey twice a year in exchange for a $30 gift card for each person who completes it.

Applications for the program open January 26, with the deadline set for February 2 at 11:59 p.m. – so you need to act fast.

Once all program participants are selected, “the city of Atlanta will make a public announcement and the application website will be updated,” instructing the application status.

UNIVERSAL BASIC INCOME BENEFITS

Atlanta’s move makes it the newest city to experience general basic income (UBI), which is a collection of monthly recurring payments from the government.

Many of these UBI programs are intended to help lift low-income Americans out of poverty and provide aid for the financial hardships caused by the coronavirus pandemic.

Overall, 21 states, as well as Washington DC, are helping families with monthly cash aid for accepted participants.

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https://www.the-sun.com/money/4587935/warning-apply-for-monthly-payments-tomorrow-atlanta/ Warning you have to subscribe to pay $500 monthly in TOMORROW

DevanCole

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