$500 Directly into the Pockets of Millions of Americans: New Direct Stimulus Payments

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Published On: May 27, 2024 at 9:50 AM
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June is approaching, and with it comes one of the most anticipated welfare benefits for all Americans. Millions of families will start receiving almost by surprise $500 Stimulus Checks in Monthly Payments, so you have to do this before time runs out. Mind you, these are the last few days, so find out about eligibility and get all the details about the surprise money you will receive in a few days.

New Stimulus Checks in America? What has been confirmed for coming month

The effect of COVID-19 has impacted across various economic areas in the United States. In response, the federal government sent stimulus checks to the Americans in two waves up to $1200 in spring of the year 2020 and $600 by the end of that year.

Although these payments put a temporary check to the financial turmoil most citizens of the United States were in deep trouble. In 2022, the state of California trialled a brand new form of cash allowance wherein a set of low-income residents are expected to receive $500 monthly without any condition to how the money is to be used.

It is called the Guaranteed Income Program and it is currently proposed as an experiment to examine the effects of guaranteed income on people for the long term. While still in its nascent stage, it means more people from California stand a chance to benefit from these monthly $500 stimulus checks.

This state will send a new round of Stimulus Checks: $500 more this month

This is novel income floor is set to go deeper across Californians in Fresno Couty, who will now receive $500 monthly. The proposal is to give this money to 150 families with, at least, one children (below 5) in Fresno, but also in Huron, as it was confirmed this month.

For this new expansion, $500 checks will be primarily provided to expectant young parents including teenagers living below the poverty line in various communities. The aim is to ensure that the prospective mother and the child to be born are economically secure when she is still pregnant and the first year after giving birth.

The guaranteed income program they are using the concept of a basic income floor that, in the long run, will focus on offering a minimum amount of cash to all low-income individuals in California. The state is gradually broadening the reach from specific eligible groups such as pregnant mothers.

All you have to know about the payments details: don´t forget this

The payments mean that the recipients will receive $500 every month. The money is given through the debit cards which are sent through post to those who qualified to apply for the card. Their payments are made monthly for one year and hence beneficiaries are expected to receive a sum of $6000 for the entire year.

What do you have to do in order to apply for the Advancing Fresno County Guaranteed Income Program? Firstly, you have to file an application, online or in person at:

  • Fresno EOC’s Local Conservation Corps (for Fresno residents).
  • Senior Center at 16900 5th Street in Huron (for Huron residents).

Then, and due to the huge amount of expected applicants, a lottery system will be used. If you are lucky, you will receive the $500 each month for one year, a total of $6000.

These new Stimulus Checks in Monthly Payments come to complement other programs that are still active in most states, although don’t forget that most of them will disappear during the month of June. On the other hand, remember that the Tax Reliefs have started to be distributed, now that they have finished with those for 2020 (of which almost $1B remained unclaimed, as we already told you).