UBI Payments: Who will be eligible for these $1,000 payments?

TAustin, Texas could become the newest city in United States of America To offer a comprehensive income pilot program.

The city council approved the plan in May this year with the initiative set to benefit 135 different families. The local government is working with a non-profit organization called UpTogether, which aims to raise the level of the community through measures such as Guaranteed Income Pilot Program.

The council is currently discussing 135 families who will benefit from the program.

“Managing a secured income model and distributing unrestricted funds is a public purpose for the City of Austin,” said a memo sent by the Austin City Council in May.

Studies and program evaluations have shown that one of the most

An effective and effective approach to helping families drive economic development, public health and public safety is the use of direct cash assistance programs that put money-use decisions in the hands of those directly affected.”

Who is Eligible for UBI Payments?

On August 1, 2020, the council updated its eligibility criteria in its latest memo, which now states that residents must:

  • live within the city limits of Austin and Travis County;
  • Have a household income equal to or less than 60 percent of the median household income in the area ($66,180 for a family of four);
  • You did not receive funding through your previous UpTogether beta for 12 months from March 2021 to March 2022;

They must also meet at least one of the following criteria:

  • transition from homelessness to permanent housing;
  • you have an advance eviction;
  • The family has been late in rent for two months or more over the past year; wow
  • The household has received verbal or written notice of intent to vacate or threatened eviction by the landlord or property manager at any time within the past three months for non-payment of rent; And the
  • The applicant must not be less than 18 years old.

Previous initiative

The Austin City Council also cited an earlier UpTogether-led program with a total of 173 families receiving $1,000 per month for one year.

The results of this program indicate the following:

  • All participants used the funds for basic needs such as rent or mortgage payments, utilities, food, clothing, household items, and transportation.
  • 48 percent of respondents were able to reduce debt.
  • 39 percent of participants increased their savings.
  • The employment rate among respondents increased from 56 percent to 67 percent.

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