Chicago Mayor Brandon Johnson announced an additional $32 million in investments for a program that provided $500 per month in guaranteed income for…
Chicago Mayor Brandon Johnson announced an additional $32 million in investments for a program that provided $500 per month in guaranteed income for lower-income households in the city.comes as Chicago tries to finish spending $576 million in funds from the federal government, sent to the city as part of the American Rescue Plan Act signed by President Joe Biden in 2021.
“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,” Johnson said. “My administration has developed a plan to ensure that these funds are being used in a strategic way to directly and concretely impact the lives of people across Chicago.
Feeling out of the loop? We'll catch you up on the Chicago news you need to know. Sign up for the weeklyA total of 5,000 households were selected for the initial program, according to the city. The requirements for participants included residency in the city, being 18 years of age or older, and having experienced economic hardship related to COVID-19. Applicants must also have a household income at or below 250% of the federal poverty level.
It is not known at this time when the city will reopen applications for the program, but residents can get moreWith the new investments, a total of $63 million has been put into the pilot, according to city officials. Other programs that will receive funding from the remaining COVID funds include housing support, human rights, arts and culture, and effective governance, according to the mayor’s office.
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