Hundreds of More Families Are Now Eligible for $500 Monthly Payments for 18 Months – Find Out Whether You Are One of Them.

THOUSANDS of California households are getting a monthly financial boost.


The guaranteed income pilot programme Oakland Resilient Families is now in its second phase, assisting an additional 300 families.
A total of 600 families in Oakland, California, will benefit from a monetary present that they can use anyway they like.

The funds come from philanthropic donations and community-based groups in the area.

Phase one began in the spring of 2021 with the goal of filling 300 positions.

People earning at or below 50% of the regional median income, which organisers say is around $59,000 per year for a family of three, were eligible to apply during that time.

Half of the places were set aside for families earning less than 138 percent of the federal poverty level, or approximately $30,000 per year.

Undocumented residents and unsheltered families were also welcome.
Everyone who applied had to live within a one-mile radius of East Oakland.

Families were chosen at random from a pool of applicants to receive a $500 monthly benefit for 18 months.

Applications for Phase two of the programme commenced in October 2021, and participants will now begin receiving the same level of compensation.

Who is Eligible?

Any Oakland family with at least one dependent kid under the age of 18 was eligible to apply for the second phase of Oakland Resilient Families.

A household’s annual income could not exceed 138 percent of the federal poverty level.

A lottery was used to choose eligible applicants.

Read More : The IRS Wants To Remind This Group That They Are Eligible For Another Stimulus Payment.

Who Does the Money Benefit?

According to the group, 43% of the 600 participants identify as African-American or Black.

The second-largest group was Hispanic or Latino families, with 38% receiving guaranteed income, followed by Asian families with 7% receiving guaranteed income.

The majority of the participants are women, with about 83 percent being female.

According to the organisation, the contributions are considered grants, not income, and should have no tax implications for participants.

We include all of the cities in the United States that have a universal or guaranteed income scheme.

Also included is the storey of a woman who initially mistook the programme for a fraud but now earns $1,000 per month.

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