If you live in the town of Evanston, Illinois, you can get a surprising $500 extra per month windfall for a year.
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A one-year pilot program, a joint effort between the City and Northwestern University, will give 150 families randomly selected from a raffle $500 a month on a prepaid debit card to spend as they see fit. The funds will supplement the existing social safety net, according to a press release from the City of Evanston.
To be included in the draw, entrants must reside in Evanston and have a household income at or below 250% of the federal poverty level. In 2022, the federal poverty level for all states except Alaska and Hawaii is $13,590 for an individual and $27,750 for a family of four.
In addition to meeting the maximum income requirements, participants must fall into one of the following categories, according to the press release:
- Between 18 and 24 years
- 62 years or older
- A member of the undocumented community
The program is funded by Northwestern University and the city, as well as $700,000 in excess funds from the 2021 federal U.S. bailout plan. The guaranteed income pilot program, as it is called, will include a research component that will study the impact of providing guaranteed income. funds to the needy to spend as they please.
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The application period for the program will end on August 29, 2022. Recipients will be selected shortly after. Evanston residents can visit cityofevanston.org.gi for more information and to sign up.
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