New program to give hundreds of Americans monthly $500 payments for a year

ANOTHER area in the nation has approved a guaranteed income plan that will send $500 per month in payments.

A two-year pilot program has been approved by the Rochester City Council this week, reports local TV station WHAM-TV. 

A total of 350 Rochester residents would get their hands on $500 payments for 12 months

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A total of 350 Rochester residents would get their hands on $500 payments for 12 months

The program aims to provide $500 payments to 175 low-income families for the first 12 months. 

Then, in the following year, a different set of 175 families Rochester, NY families would get the $500 monthly payments. 

So, a total of 350 residents would be in line for some extra cash. 

This would go out to households at or below 200% below the federal poverty level. 

The guaranteed income program would cost $2.2million and be paid for using funds from the American Rescue Act.

The program would mark the latest area in the country to experiment with universal basic income (UBI), which is a set of recurring payments.

Several states and cities have already implemented their UBI programs. 

Recently, Newark New Jersey expanded its “guaranteed income pilot program” to 400 residents.

Also, 115 Durham, North Carolina residents that were incarcerated will be chosen for the city’s Excel pilot program, which will send $500 payments a month for a year.

In most cases, families, and individuals living in poverty qualify for UBI.  

The latest figures from the US Census Bureau show that 31% of Rochester City residents are living in poverty.

“I had many members of the community emailing and calling saying ‘we need help now. We need these resources now,'” Dr. Cephas Archie, co-chair of the Reparations and UBI committee, told WHAM-TV. 

“The committee has been researching which areas are historically disadvantaged to help them decide which families would be a part of the guaranteed basic income program.

Before Mayor Lovely Warren left office as a result of a plea deal related to state criminal charges, she proposed the UBI plan. 

Incoming Mayor Malik Evans backs the program but he wants to explore something using private and philanthropic funds – meaning the payments to families could be larger. 

The Sun reached out to the city of Rochester for more details about the program. 

We explain six ways you can get money including stimulus payments. 

We also reveal how families with kids under 13 could get a surprise stimulus payment of $8,000.

Plus, we break down schools and colleges giving up to $10,000 in grants.

‘Surprise’ $300 stimulus check to be sent out in time for Christmas

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