A guaranteed income program in Minneapolis, Minnesota, will process its next payment to recipients in 10 days. The payment is a part of the Minneapolis Guaranteed Basic Income Pilot, which began in June 2022.
The payment is a part of the Minneapolis Guaranteed Basic Income Pilot, which began in June 2022 and is expected to continue paying recipients monthly cash payments through June 2024. A total of 200 households were selected to receive payments from this program, all of whom can spend the $500 payments in whatever way suits them best, according to the city's website.To have been eligible for this program, an applicant had to be 18 years old by Jan.
The project manager for this guaranteed income program told the Washington Examiner that payments for this program are processed on the 20th of every month, and all participants receive $500 every month.CLICK HERE TO READ MORE FROM THE WASHINGTON EXAMINER In terms of demographics of this program, recipients are mostly either black, indigenous, or people of color at 80.5%, while the other recipients, at 19.5%, are either white or non-Hispanic. Additionally, 69% of the program's recipients are women, and 42.5% of all recipients are between 30 and 39.
About a third of households receiving money from this program have just one person in their household.
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