As part of the guaranteed basic income project, the city of St. Louis, Missouri, has approved a scheme to distribute $500 in monthly relief checks to its residents.
St. Louis, Missouri’s Board of Aldermen wanted to distribute these funds to hundreds of low-income families to assist them over the holidays. For the program to be implemented, the next step is to obtain the consent of Mayor Tishaura.
Monthly Basic Income Payments
In the following 18 months, the city will distribute these $500 payments to around 440 impoverished families using funds from a $5 million pandemic recovery fund.
The municipality intended this initiative to assist parents who lost money during the global pandemic and whose children attend public schools.
Megan Green, the president of the St. Louis Board of Aldermen, stated to Fox: “Today, we express our dedication to the children and families of St. Louis. No child’s education should be jeopardized because their living situation makes studying difficult All families who receive this cash will be able to utilize it at their discretion.”
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Eligibility Requirements
The objective is to provide families with the opportunity to pay off debt and rent, as well as buy essential food or groceries for their children. If this idea is fully accepted, parents or guardians with modest incomes whose children attend public schools in the city would be eligible for these payments.
This is a tremendous opportunity for the city of St. Louis to support working parents and their children while also decreasing racial and gender inequalities.
Other locations that offer monthly payouts include various programs in the states of California, Massachusetts, and Illinois, among others.
In addition, these payments to needy families fall between $300 and $500. However, there is a program in San Francisco called as the guaranteed income program that will provide $1,200 in monthly payments. December 15 marked the end of the application deadline.
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