Five thousand Chicagoans are due to receive $500 in monthly payments for a year.
Chicago residents will be able to apply to participate in the city’s $500-per-month basic income pilot program in April, Mayor Lori Lightfoot announced Thursday.Lightfoot administration officials are in the process of hiring an outside company to run the program, which aims to provide 5,000 low-income households with the monthly cash payments for 12 months — something the mayor has touted as one of the largest programs of its kind nationwide.
Mayor Lori Lightfoot, shown in City Council Chambers during Wednesday's council meeting, has announced a series of anti-poverty initiatives that include direct cash payments to qualifying residents. And Lightfoot’s administration will launch another pilot program, allowing low-income motorists to pay off old tickets without interest or other penalties. That program, called the Clear Path Relief pilot, will open on April 1.
“Today’s announcement is all about supporting our residents who are still struggling to make ends meet,” Lightfoot said in a statement. “Our innovative, monthly cash assistance program will help to stabilize and ensure the wellbeing of residents that have been struggling both before and during the pandemic.”
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