close
close
Stimulus checks with monthly payment of 0

Stimulus checks with monthly payment of $500

Stimulus checks with monthly payment of 0

The United States is well known for its economic policies to relieve its citizens. In this context, the city of Chicago recently announced an extension to its income program already in place. This recent initiative will allow Chicago citizens to receive monthly stimulus checks of $500 each month for a year if they are eligible. The main objective is to alleviate financial difficulties and foster a stable economy among the most vulnerable part of its population.

What are the eligibility requirements to receive $500 monthly stimulus checks?

With the push for this new fund, the Chicago government’s main goal is to further expand the benefits of the income program. To be eligible for this new $500 monthly payment stimulus check, there is a specific set of requirements that must be met, especially related to income level and also residency.

  • Home: To be eligible for this program, the first requirement is to be a Chicago citizen. You can submit a proof of eligibility by submitting your utility bills for that period.
  • Income level: This new $500 monthly stimulus fund is intended for those most in need. Therefore, there is a certain threshold that the resident must demonstrate. The thresholds and details are not specified, but the main goal is to be at a level that can be considered low-income. This program is specifically aimed at local citizens who are having difficulty paying for their basic expenses, such as food, gas, and electricity.
  • Financial hardship: In addition to having a low income level, individuals must demonstrate financial hardship due to COVID-19 to be eligible for this program.
  • Age: Being 18 years of age or older is also an eligibility criterion.

How to apply for $500 monthly stimulus checks?

The application process is very simple and straightforward. Applications can be made only from the city’s official website. To ensure that the funds are helping those most in need, officials ask for proof of income and residency to check if the information provided on the forms and the person’s current situation match.

When to apply for the $500 monthly stimulus checks?

The exact dates have not yet been revealed. However, according to statements from Mayor Brandon Johnson, applications will open soon. The easiest way not to miss this opportunity is to check the city’s official website.

Chicago State’s Revenue Program: The story behind the $32 million extra fund

As part of Joe Biden’s American Rescue Plan Act, the city of Chicago has received $576 million in funding from the federal government. Chicago Mayor Brandon Johnson recently announced a $32 million investment fund to avoid sending the remaining money from the $576 million fund to the federal government.

Chicago Mayor Brandon Johnson said, “When I took office, I wanted to make sure that the money the city received from the federal government was used to help the communities hardest hit by the pandemic and the many long-standing inequalities it exacerbated.” He also stressed that his administration is ensuring a plan to ensure that the funds are spent well, helping the citizens who need it most and that they have the best strategies to positively impact citizens’ lives.

There are also other programs under the title “Chicago Resilient Communities Pilot” that support citizens on issues such as human rights, housing and effective governance. The program also aims to be a model city for the entire country to follow.