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$500 Monthly Payments: Evanston’s Groundbreaking Guaranteed Income Program to Benefit 150 Low-Income Households

Evanston, Illinois, is launching Project 8092, providing $500 monthly payments for a year to 150 households in an effort to alleviate financial burdens and assess the impact of guaranteed income programs.

Project 8092 in Evanston, Illinois Offers $500 Monthly to 150 Households with No Strings Attached

According to The US Sun, in Evanston, Illinois, a new program called Project 8092 will give $500 each month to 150 households for a year, starting this summer. People can spend the money however they want, and there are no strict rules like drug tests.

The program targets a neighborhood affected by past racial discrimination called redlining. To qualify, residents must live in this area and have a household income below 184% of the Federal Poverty Line. This initiative aims to help with financial struggles and see how guaranteed income can improve communities.

READ ALSO: $23 Million In Tax Credits Up For Grabs: Ohio’s Transformational Mixed-Use Development Program Reopens For Summer Applications

$500 Monthly Payments: Evanston’s Groundbreaking Guaranteed Income Program to Benefit 150 Low-Income Households (PHOTO: The Sun)

Guaranteed Income Programs Like Pomona, California Offer $500 Monthly to Families for Poverty Reduction and Economic Growth

Similar programs in places like Pomona, California, also give $500 monthly payments to families for 18 months. These efforts are part of a growing movement to test if giving money directly can reduce poverty and help local economies grow.

READ ALSO: 1,400 Structures Destroyed, 2 Lives Lost: New Mexico’s Disaster Response To Wildfires Includes D-SNAP Support And “531 Visibility Tool” For Public Health

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