Reminder: Deadline for direct $500 stimulus payment applications is this Thursday.
The City of Rochester Launches Guaranteed Basic Income Program
The city of Rochester, New York, is introducing an exciting new pilot program that aims to alleviate poverty and provide financial support to eligible households. The program offers a guaranteed basic income of $500 per month for a year, totaling $6,000 in installments.
Apply Now Before It’s Too Late!
The application period for this groundbreaking program is closing soon, just before midnight. Don’t miss out on this incredible opportunity to improve your financial situation and secure a brighter future for yourself and your family.
Important Dates:
- Applications Open: Thursday, June 22
- Application Deadline: Wednesday, June 29
This program is specifically designed for households with incomes at or below 185% of the federal poverty level. The city aims to select 351 individuals to receive this life-changing benefit.
Participant Selection:
- First Wave: 175 participants chosen in July
- Second Wave: 176 participants selected in September
To be eligible for this program, you must be at least 18 years old, reside in certain areas of Rochester, and have been a resident of the city for at least one year prior to applying.
The income caps vary based on household size, ranging from $26,973 for single-person households to $93,536 for households with eight residents. Please note that only one member of the household can receive the monthly installments.
What makes this program truly unique is that the extra income is “unconditional.” There are no work requirements or restrictions on how the money can be used. Additionally, recipients will have access to free financial counseling to help them make the most of this opportunity.
The city of Rochester is funding this program through the American Rescue Plan Act, with a budget of $2.2 million. The goal is to assess the impact of a guaranteed income and influence future policy decisions regarding poverty reduction programs.
If you don’t have access to a computer, don’t worry! You can use a library computer at a local branch or visit neighborhood service centers for assistance with your application.
For more information about the city’s Guaranteed Basic Income program, click here. If you’re ready to apply and change your life, view the application here.
Don’t miss this incredible opportunity to improve your financial well-being and contribute to the ongoing conversation about poverty reduction. Apply now!
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