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UBI: Program will pay thousands $1,000 monthly payments

UBI programs are designed to pay individuals a monthly payment, and now thousands could see payments worth up to $1,000 in one city.

UBI graphic

Baltimore is starting a program called the Baltimore Young Families Success Fund pilot program.

This program will help young families with monthly income.

200 young parents will receive $1,000 per month to help offset living expenses.

Finger Lakes Partners (Billboard)

Applying for the UBI program in Baltimore

The applications are open for young parents to apply starting May 2 and will remain open until May 9.

Funding is coming from the American Rescue Act.

$4.8 million dollars in donations have been made to help fund the program too.

Qualifications include being adoptive or biological parents to a child or children you care for.

Two programs offering up to $1,000 open applications soon

You must be between the ages of 18 and 24.

Your income must be at or below 300% of the federal poverty line.

After applications are closed, a lottery system will be used to choose the 200 families.

The monthly $1,000 payments will go out for 24 months.

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