Chicago Basic Income? Explore Mayor Lightfoot’s $ 500 / month proposal

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Chicago (WLS) – When proposing her budget, Chicago Mayor Lori Lightfoot proposed a program that would give 5,000 low-income households $ 500 a month for a year.

The city said it will help those who have been hit hard by the pandemic and need more financial stability.

A similar program is already underway in Gary.

See More: Gary Begins To Experiment With One Year Guaranteed Income Program

Mayor Jerome Prince says the pilot program is about caring for the 125 residents selected to participate and expanding the safety net.

GIVE, a guaranteed income verification initiative, promotes the program.

Our Chicago Part 1

Executive Secretary Burgess Peoples said: “Seniors, singles, people with babies, people without babies, people who work but work below or below minimum wage, and of course we are here. . Some have retired. “

Must be at least 18 years old and under $ 35,000.

Our Chicago Part 2

Others may think that adding $ 500 a month won’t have a big impact, but those in Gary’s pilot program disagree.

“$ 500 is a lot of money. $ 500 has a roof over it. $ 500 helps budget as there was no cushion. $ 500 helped repair the car. Participants You can now go to work and earn more money. “

For the first time, some beneficiaries said they were able to take their families on vacation and enroll their children in extracurricular activities.

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Chicago Basic Income? Explore Mayor Lightfoot’s $ 500 / month proposal

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