A guaranteed income program in Minneapolis processes its next payment to recipients today.
The payment, which will be sent on June 20, is part of the Minneapolis Guaranteed Basic Income Pilot program, which began in June 2022 and is expected to pay recipients monthly cash payments through June 2024. Two-hundred households were selected to receive payments from this program, and they can all spend the $500 payments in whatever way suits them best, according to the city's website.
The program is being evaluated by the Federal Reserve Bank of Minneapolis, according to the project manager. To have been eligible for this program, an applicant had to be 18 years old by Jan. 1, 2022, have an annual income at or below 50% of the area median income for Minneapolis, and live in one of several zip codes specified by the program. Additionally, applicants had to have been affected by the coronavirus pandemic. Qualifying effects of the pandemic include losing a job, having higher health expenses, or losing access to child care.
Malaysia Latest News, Malaysia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
GUARANTEED INCOME: How some Harris County residents could recieve $500 a month through proposed programThe 18-month long program looks to help residents in economically disadvantaged areas of Harris County recieve $500 a month to help meet basic needs like rent, groceries or child care.
Read more »
Texas Ranger who disobeyed judge in Michelle Barrientes Vela trial held in contempt, fined $500The lead investigator in the public corruption trial of disgraced former Precinct 2 Bexar County Constable Michelle Barrientes Vela must pay a $500 fine for disobeying a judge's ruling.
Read more »
Harris County may launch guaranteed income program providing low-income families with $500 per monthBeginning as soon as fall 2023, the program will give 1,500 low-income households a guaranteed $500 per month for 18 months, if approved by Commissioners Court.
Read more »
Harris County proposes guaranteed income program to send $500 monthly to 1,500 familiesIf approved, Houstonians will not only receive money but be tracked to see how their lives are impacted, determining if future programs like this should continue.
Read more »
GUARANTEED INCOME: How some Harris County residents could receive $500 a month through proposed programThe 18-month long program looks to help residents in economically disadvantaged areas of Harris County receive $500 a month to help meet basic needs like rent, groceries or child care.
Read more »
Harris County will launch guaranteed income pilot program with $500 monthly paymentsThe 18-month guaranteed income program is intended to help reduce persistent poverty in Harris County.
Read more »