America is very well-known for its economic policies to relieve its citizens. In that context, the city of Chicago recently announced an addition to its already in effect income programme. This recent initiative will let the citizens of Chicago to be paid $500 monthly stimulus checks each month for a year if they are eligible. The main goal is to alleviate the financial hardship and encourage a stable economy among the most vulnerable part of its population.
What are the eligibility requirements to have $500 monthly payment stimulus checks?
With the booster of this new fund, the main goal of the government of Chicago further expand the benefits of the income programme. To be eligible for this new $500 monthly payment stimulus checks, there is a specific set of requirements to meet related to especially income level and also residency.
- Residency: In order to be eligible for this programme, the very first criteria is to be a local citizen of Chicago. You can make a statement of proof by presenting your utility bills for that period.
- Income Level: This new $500 monthly payment stimulus checks fund is for those who are in need the most. For that reason, there is a certain threshold that the resident must prove. The thresholds and the details are not specified but the main goal is to be in a level that might be considered as a low-income. This programme specifically targets the local citizens that are struggling to pay for their basic expenses such as the food, gas and electricity.
- Economic Hardship: Apart from being at the low income level, the individuals must prove a financial hardship because of COVID-19 in order to be eligible for this programme.
- Age: Being 18 and above is also a criteria for the eligibility.
How to apply for $500 monthly payment stimulus checks?
The application process is very straightforward and hence simple. The applications can be done only from the city’s official website. In order to make sure that the funds are helping out those who are in need the most, the officials ask for the proof of income and residency to check whether the information given in the forms and the current situation of the individuals match.
When to apply for $500 monthly payment stimulus checks?
The exact dates are not revealed yet. However, according to the statements of the mayor Brandon Johnson the applications will be open soon. The easiest way to not to miss this opportunity to check city’s official website.
The Income Programme by Chicago State – the back story of the additional $32 million fund
As a part of Joe Biden’s American Rescue Plan Act, the city of Chicago has been granted $576 million in funds from the federal government. Chicago Mayor Brandon Johnson recently announced $32 million investment fund in order not to send the remaining money from the $576 million fund back to the federal government.
Chicago Mayor Brandon Johnson stated “When I came into office, I wanted to ensure the money the city received from the federal government was utilized to help the communities most impacted by the pandemic and the many long-standing inequities it exacerbated.” He also highlighted that his administration ensures a plan that the funds are being well-spent, helping out the citizens who are in need to the most and they have the best strategies to have a positive impact on the citizens’ lives.
There are also other programmes under the roof “Chicago Resilient Communities Pilot” that support the citizens for the topics including human rights, housing, effective governance.The programme also aims to be a role model city across the whole country.
