A new basic income program will soon open the application window in the United States. This Guaranteed Income Program will be available in Fresno County, California.
If you have never heard about basic income or Guaranteed Income Programs, you should know they provide beneficiaries with no-strings-attached monthly payments for some time.
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Therefore, you do not have to explain to the Fresno Economic Opportunities Commission if you pay bills, mortgage, or buy food. This basic income will definitely give you happiness, a higher health level, and financial stability.
HOW MANY RECIPIENTS CAN ENJOY THIS BASIC INCOME IN FRESNO COUNTY, CALIFORNIA?
Advancing Fresno County Guaranteed Income will choose 150 beneficiaries. It is true that it will not be easy to qualify for this monthly payments. However, it will be worth applying if you meet the requirements.
One of the essential requirements is to have a young child who is 5 years old or younger. What is more, you must live in southwest Fresno and Huron. these areas are currently poverty-stricken, so Fresno County’s basic income wants to tackle this issue.
Bear in mind that you will be able to apply if eligible on March 15th, 2024. Nevertheless, payments will not start until summer 2024. So, there is time left to file and collect this basic income.
HOW LONG WILL THIS GUARANTEED INCOME PROGRAM LAST FOR?
Basic income recipients will receive checks worth 500 dollars for one year. That amounts for a total of $6,000 in just 12 months. Bear in mind that only selected ZIP codes can apply.
When it comes to income, you must earn 80% or less of the AMI. AMI stands for the Area Median Income in the ZIP code you are currently living. Save the date (March 15th) because it could be a turning point in your life.
For your information, similar Guaranteed Income Programs have proved to be very effective all over the United States. Ending child poverty is one of their main goals.