Four days left to apply for direct $500 stimulus payments.
Engaging New Guaranteed Basic Income Program in Rochester, New York
The city of Rochester is launching an exciting pilot program that aims to provide a guaranteed basic income to eligible households. For one year, recipients will receive $500 a month, offering a much-needed financial boost. But hurry, applications for this incredible opportunity close in just four days!
Who Can Apply?
The program is open to households whose incomes are at or below 185% of the Federal Poverty Level. If you meet this criteria, you have a chance to be one of the lucky 351 individuals selected to receive this life-changing benefit.
How Does It Work?
The selection process is random, ensuring fairness and equal opportunity for all applicants. The program will choose 175 participants in July and another batch in September. So, don’t miss your chance to be part of this groundbreaking initiative!
Income Caps and Eligibility
The income cap varies depending on the size of your household. For single-person households, the maximum income is $26,973. For two-person households, it’s $36,482. The highest income allowed is $93,536 for households with eight residents.
To be eligible, you must be at least 18 years old, reside in specific areas of Rochester, and have been a resident of the city for at least one year prior to applying.
Unconditional Support
This program offers “unconditional” income, meaning there are no work requirements or restrictions on how the money can be used. It’s a unique opportunity to have extra financial support without any strings attached.
Funding and Future Impact
The city of Rochester is utilizing funds from the American Rescue Plan Act to cover the program’s cost, which is estimated at $2.2 million. The goal is to assess the impact of a guaranteed income and influence future policy decisions regarding poverty reduction programs.
If you want to learn more about this incredible initiative, visit the program’s website. And if you’re ready to take the first step towards a brighter future, click here to access the application.
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