Californians to receive $500 payments in five days

Conservative News DailyAugust 11, 2023

Long Beach Pledge Provides Financial Aid to Qualifying Families

Exciting ⁢news ‌for 250 struggling families in Long Beach, California! The city’s guaranteed‌ income pilot program, known as the⁣ Long Beach Pledge, ⁢is set to issue payments of $500 for one year to ⁢qualifying residents in just five⁤ days.

The program, launched through the Long Beach Recovery⁤ Act,‍ aims to provide much-needed ‌assistance to families residing in⁢ the west-central 90813 ZIP code who are facing financial difficulties. These payments will be a lifeline for those who have been accepted into the‍ program and meet the criteria.

Supporting Families in Need

The Fund for Guaranteed ⁤Income, a nonprofit organization⁤ dedicated⁣ to economic recovery, is ‌partnering with the city to allocate $2 million to this initiative. This collaboration ⁣aims to make a positive impact on the⁢ lives of Long Beach residents.

Additionally, the Fund for Guaranteed Income has launched a similar program in⁤ Compton, California, benefiting 800 families with payments ranging from $300 to $600. These efforts demonstrate a commitment to supporting communities in need throughout the region.

Targeting the⁣ Most Vulnerable

The decision to focus on the west-central⁣ 90813 ZIP code was based on ⁢careful consideration of⁢ poverty rates and the impact of the COVID-19 pandemic. ⁤Long Beach Pledge’s website reveals that approximately half‍ of the area’s residents live below 150% of⁤ the poverty level, highlighting the urgent need for financial assistance.

Applications for the program closed‍ in February, ⁢and now selected households ‍can ‌look forward to receiving their payments. Whether⁢ it’s through ⁢PayPal, direct deposit, Venmo, or a prepaid card, the‍ Long Beach Pledge is ensuring that families have convenient options to access the support they deserve.

Stay⁣ tuned ⁢for more updates on⁤ this incredible initiative!