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Who will receive $500 monthly stimulus checks for two years starting this week

The News GlorybyThe News Glory
20/06/2023
Who will receive $500 monthly stimulus checks for two years starting this week

In the 200 households that will receive the money, there are 69% women and 26% men.

Photo: Malochka Mikalai / Shutterstock

In Minneapolis, there will be a program that will give $500 to hundreds of people on June 20. This program is called Minneapolis Guaranteed Basic Income and recipients are expected to receive monthly cash payments through June of the following year.

200 households were selected to receive payments from this program, and they can spend the money in the way that suits them, as reported on the Minneapolis website.

To be eligible for the program, individuals had to be 18 years old by January 1, 2022, live in certain Minneapolis ZIP codes that qualify for the program, and have an annual income equal to or less than 50% of the median income for the program. city.

Also, those who wanted to participate in the program must have suffered consequences due to the COVID-19 pandemicsuch as losing a job, facing increased health expenses or having lost access to child care.

Under the program, eligible families in Minneapolis will receive guaranteed $500 stimulus checks each month for two years, from June 2022 to June 2024.

In the 200 households that will receive the money, there are 69% women and 26% men.

In terms of race, there are 80.5% African American, Native American, and people of color, and 19.5% are White/Non-Hispanic.

The beneficiaries are between 18 and 88 years of age, with the average age being 38 years.

About 21.5% of recipients are between the ages of 18 and 29, and 42.5% are between the ages of 30 and 39, while only 1% are between the ages of 80 and 89.

Keep reading:
· Which states will give SNAP payments of up to $189 starting this Tuesday
What you can buy with SNAP food stamps
CBPP notes how changes to the debt ceiling agreement will affect SNAP and TANF programs

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