ARP funding will be applied to the distribution of $1,000 Stimulus Checks over the following 24 months.
The May 17 announcement of the Stimulus Check concept will help 150 California households. The Californian city council for Alameda adopted the measure with a vote of 3-2. More than 11,000 residences are eligible, but just 150 will be picked, according to the local council.
In the spring of 2022, a Request for Applications (RFA) will be published to choose possible recipients of funding. This program offers financing to organizations that meet the requirements to run pilot projects and initiatives that guarantee participants’ income. In general, guaranteed income schemes have given participants unconditional monthly cash payments to cover their basic needs.
The Stimulus Checks Will Be Sent Every Month
This Stimulus Check money will be used to build or expand pilot initiatives across the county through grants to qualified groups, as well as to administer and evaluate these programs to inform future policy decisions. Guaranteed income is delivered as a set monthly cash dividend.
In contrast to other aid programs, the payments are unconditional. Due to its versatility, consumers may choose products that best meet their needs. Baltimore is the most recent city to test a legal measure to combat inequality that is gaining traction around the nation: guaranteed income, which gives unrestricted money to those who need it most.
Scott joined the Mayors for a Guaranteed Income last year, a coalition of more than 60 mayors from across the country who are investigating guaranteed income as a means of addressing growing wealth disparities.