Stimulus update: Applications for $500 in monthly payments for two years to open in six days

Ryan King

October 25, 10:46 AM October 25, 10:46 AM

A pilot guaranteed income program in Alexandria, Virginia, featuring $500-a-month payments for two years is opening in six days.

Known as Alexandria’s Recurring Income for Success and Equity, the program will randomly select 170 eligible applicants to obtain payments. Applications will be open between Oct. 31 and Nov. 9.

UNIVERSAL BASIC INCOME 2022: DEADLINE FOR EVANSTON RESIDENTS TO APPLY FOR $500 MONTHLY PAYMENTS TODAY

"We are providing financial resources to individuals and families so they are empowered to decide how to best meet the needs in their lives. We are creating this unique program to evolve the ways that we assist our neighbors in need of extra support. That is what ARISE is about," Mayor Justin Wilson said in a press release.

To qualify, applicants must be within the designated income threshold, which ranges from $49,850 for households of one to $82,550 for households of six. The program will be organized by the Department of Community and Human Services and permit applicants to receive payments in the manner they prefer.

The first payments for the program will be rolled out in January 2023. Applicants must be 18 and older to apply. There are no work or citizen requirements.

Additional information about the program will be made available during a webinar at 7 p.m. on Tuesday.

The program will be funded, in part, through pandemic funds.

Guaranteed income and universal basic income pilot programs have cropped up in numerous cities across the United States, such as Los Angeles and San Diego. Guaranteed income programs differ from universal basic income programs in that they target specific people rather than issuing broad payment schemes.

Common primary money 2022: Deadline for Illinois metropolis people to apply for $500 month to month payments in a person day

Jack Birle

August 28, 03:03 PM August 28, 03:03 PM

The deadline for people of the metropolis of Evanston, Illinois, to implement for a $500-a-thirty day period standard income pilot software is Monday.

The pilot application is established to commence shortly right after the Aug. 29 application deadline, and the payments will past for a complete 12 months below the program. 150 participants will be selected by way of a random lottery program of people who applied for the program.

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Individuals who are eligible to utilize contain inhabitants of Evanston who are 18-24 a long time old, more than 62 several years outdated, or an "undocumented neighborhood member." In buy to qualify, applicants will have to also are living in a household that makes under or at 250% of the poverty line. For a just one-human being household, 250% of the poverty line is $33,975, and for a two-individual family, 250% of the poverty line is $45,775, according to metropolis officers.

“This guaranteed profits system will do so a lot far more than give $500 per thirty day period to 150 people: it will reimagine, humanize, and improve the social safety net it will also reshape the romance among people today and their authorities," claimed Harish Patel, director of the team Economic Safety for Illinois. "In our get the job done to advocate for direct money payments, we have uncovered the Town of Evanston keen to transfer toward progressive coverage answers that fulfill families’ materials demands without having more than-burdening them."

The pilot software is getting funding from several sources, such as some leftover federal money, and $700,000 of funds are from the 2021 American Rescue System, and Northwestern College, a partner of the system, contributed $300,000 in "seed funding" to the program very last year.

Northwestern College says it will research the findings from the pilot method and assess the influence it has on contributors, in conjunction with town officials.

"Northwestern is fully commited to fostering progressive answers to our City's most urgent worries, particularly inequality and economic insecurity. Certain income systems address recipients with dignity in analyzing how greatest to invest the cash," claimed Dave Davis, government director for community and group relations at Northwestern College.

The pilot system for primary money in the Illinois metropolis is the newest in a series of tries to decide the usefulness of varieties of fundamental income, with various plans utilizing leftover pandemic reduction resources. Cities such as Annapolis, Maryland, and Ithaca, New York, have explored or tried out primary earnings packages.

Applications for the plan can be discovered on this site.