After the stimulus checks provided by the Federal government of the United States to support the economies of the poorest and most needy families during the pandemic, the states of the Union have periodically issued assistance.
Although these are not traditional incentive surveys, recipients are still called this way. And most importantly, they are essential support for millions of Americans and residents of the country.
This is the case of an upcoming incentive study that aims to help the poorest residents with financial assistance of $500 per month for 12 months.
Being 500 dollars a month for 12 months would add up to a total support of 6,000 dollars. But, specifically, who will benefit from this $6,000 incentive study?
In particular, it has been estimated that 17% of the population in Chicago lives in poverty and the stimulus study is an important aid that seeks the economic recovery of the city and its residents.
Starting in 2024, thousands of households in Illinois will be able to benefit from this incentive study up to $6,000 dollars, which is part of an initiative called officially. Guaranteed Basic Income (GBI). It is aimed primarily at low-income families in this northern state.
As reported by the regulatory entity in charge of issuing these financial aid payments, they will be monthly checks of $500 dollars for 12 months.
The money can be used to pay rent, buy food, medicines or other expenses of the beneficiary families. However, qualified beneficiaries will have full power to use their funds without restrictions.
How can you request the incentive survey?
Those who want to apply for this benefit must have some essential requirements such as:
- be a resident of Chicago
- be at least 18 years old
- declared income must be below the federal poverty level
As for the selection process, it is reported that it will be done randomly so that there is complete transparency. Therefore, it is estimated that around 5,000 low-income families in the state could benefit, a figure similar to the number of beneficiaries in 2022.
The most affected communities are mostly African-American and Latino. About 17% of the population in Chicago currently lives in poverty. From 2017 to 2021, it was estimated that 44% of residents would not be able to cover their basic needs amid the Covid-19 pandemic, job losses and inflation.
And it is then expected that the payment of $500 dollars per month for one year, a total of $6,000 dollars, reinforces a commitment to the well-being of the residents, especially the most vulnerable. As well as being a means of economic and social revitalization of the city.
