The latest UBI program to launch will give qualifying residents $500 per month for an entire year.
The program will be in Chicago and help low income residents currently struggling from the city.
Up to 5,000 could qualify.
Applications are open starting Monday, April 25, 2022.
Eligibility requirements for the UBI program
You must be 18 or older and prove that you suffered economic hardship caused by the pandemic.
Your household income must be at or below 150% of the federal poverty line.
If you meet these requirements, you will enter a citywide lottery after the application process.
Anyone living within a community that faces pre-existing economic hardship will get priority over others.
There aren’t any requirements for how the money is spent.
This is one of the biggest UBI programs in the country worth $31.5 million dollars.
Chicago faces a poverty rate of around 20%.
Applications will start being accepted at 9 a.m. on Monday, April 25, 2022.
The deadline is set for Friday, May 13, 2022.
You may apply here.
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