Only 48 hours remain before thousands of Americans who are tight for cash receive their first $500 monthly payout.
Only 48 hours remain before thousands of Americans who are tight for cash receive their first $500 monthly payout.
48 Hours Left to Receive the First Monthly $500 Payment
According to the officials 3,250 residents in Cook County, Illinois, have been randomly selected for a guaranteed income scheme. The lucky beneficiaries will get monthly $500 checks for two years as part of the program. Moreover, December 15 is set to issue the first payment.
A homeless man Jasper Cannon, with his wife Lenora, told WTTW the payment would be a great help if he was selected. Moreover, The entry was $33,975, for a single American, and for a family of four will be $69,375. Residents had a terrible delay since it took until last month for them to learn whether their application was successful or not.
Guaranteed Income Schemes
A number of guaranteed income schemes have been introduced to assist suffering Americans in communities around the nation. Applicants were required to have an income that was at or below 250% of the federal poverty line.
In the upcoming year, hundreds of black pregnant women will get between $600 and $1,000 each month. 150 women in San Francisco received $1,000 every month for a year as part of the Abundant Birth Project, which launched in 2021. Additionally, over 425 moms-to-be in Alameda, Contra Costa, Los Angeles, and Riverside will have between $600 and $1,000 for a year starting this coming 2023.
The San Francisco Director of Health, Dr. Grant Colfax, states “We are so honored and excited to witness a San Francisco program grow to help hundreds more black birthing parents in California and give newborn babies a better chance for a healthy start in life”. Furthermore, 175 Americans in Alexandria, Virginia, will begin to receive monthly checks of $500 during the last week of January.
in Madison, Wisconsin, and some 3,000 Americans who are in need of financial assistance sought to receive monthly $500 payments for a year. However, only 155 individuals were randomly chosen from the applicants.
