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Americans will finally get $500 in monthly direct payments after year and a half long wait - see if

IT’S been a bit of a wait but eligible Americans will soon be able to claim $500 in monthly payments.

Rochester, New York will be one of the cities in the country that will be conducting a guaranteed income pilot.  

It was approved by the city council in December 2021 and will use $2.2million in funds allocated by the American Rescue Plan Act.

After some planning was needed, the program will finally launch sometime this spring, reports RochesterFirst.

WHO IS ELIGIBLE? 

Currently, details are still being hammered out and have been tweaked, according to the local news outlet.

However, the initial proposal said that households at or below 200 percent of the federal poverty level would be eligible for the payments.

READ MORE ON PAYMENTS

Those who qualify will be able to apply this spring, although an exact date has not been provided.

The first phase of the program will start by selecting 175 Rochester families for the $500 per month payments for a year.

Then, a year later, another group of 175 will get the monthly money for the same period.

The Black Community Focus Fund is collaborating with the city to kick off the program.

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“The GBI program will provide marginalized communities with critical resources and help to close the community’s wealth gap while boosting our residents’ ability to become homeowners.”

The U.S. Sun has reached out to the nonprofit organization for comment.

OTHER UBI PROGRAMS 

Meanwhile, other cities across the country are set to provide residents with monthly payments.

This includes Chelsea, Massachusetts, which will be conducting a lottery this week for monthly support that ranges from $200 to $400, which depends on household size.

To qualify for the support, Chelsea residents must have a household income that's 30 percent less than the area median.

A group of Ohio residents in Yellow Springs and Miami Township will get a total of $7,200 in payments over 24 months.

Currently, the program is in its first cohort but a second round of applications is set to launch in the summer, an official told The U.S. Sun.

Another 15 residents are scheduled to be added then.

The ARISE program in Alexandria, Virginia will soon give residents their first round of $500 monthly checks.

The city confirmed that it is on track to send the payments in February – although it could not provide an exact date.

"There are still a handful of unknowns," the city said.

"Participants will be notified regarding the exact timing of the first payment as soon as we know, and we will share an update publicly shortly after that."

Read More on The US Sun

See the four direct payments worth up to $1,050 that will arrive by Valentine’s Day.

And here are the 12 states offering payments to parents worth up to $1,000.

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Martina Birk

Update: 2024-05-03