In 2023, Americans are about to receive worth $300 monthly payments for 2 years through a lottery selection.
The Universal Basic Income
The universal basic income (UBI) program, known as YS EQUITY, is being funded by a private donor, Yellow Springs Community Foundation, as well as by federal money provided under the American Rescue Plan Act.
The participating Ohio residents in Yellow Springs and Miami Township will get a total of $7,200 in payments for two years as part of the experimental program under UBI. The YS EQUITY during their started off last fall when it selected 15 residents in those areas, with the $300 payments aiming to support another 15 participants in 2023.
Who Can Apply For The YS EQUITY Program?
To be eligible for the program, Yellow Springs and Miami Township residents must be at least 18 years of age. However, there are few salary-based restrictions to apply, which will depend on family size and must be below the following thresholds:
- Household of one: $40,770
- Household of two: $54,930
- Household of three: $69,090
- Household of four: $83,250
- Household of five: $97,410
- Household of six: $111,570
- Household of seven: $125,730
- Household of eight: $139,890
For households with nine or more members then the limit will be boosted by another $14,160 for each member. If you thing you meet all the qualifications you can have your application through an online application. Although it does not appear that the program is accepting applications at the moment.
The message reads: “Sorry, this survey is not currently active.”
The U.S. Sun reached out to program officials for comment. Those who apply proceed through a randomized lottery, which is conducted by the Center for Guaranteed Income Research at the University of Pennsylvania. But still there is no specific date for when the payments will go out has not been provided.