SCORES of Americans are set to receive monthly payments worth up to $500 for two years thanks to a new initiative.
But in order to have a chance of receiving the monthly checks, they will have to test their luck in a lottery.
Americans are set to receive $500 monthly checks thanks to a new guaranteed income programGettyThe payment program is set to benefit families who have children six and under.
However, there is a strict eligibility criteria.
Americans that apply must have an income that’s below 80% of the median earnings for Columbia County, New York.
They must live in the area and be a single caregiver.
A single caregiver could be a parent, or legal guardian, according to the terms of the income program.
For a two person household – a care provider and a child – the income threshold is $72,150.
However, only 42 families are set to benefit from the guaranteed income program.
Those who might be eligible have to take part in a lottery that’s open until July 1, 2025.
Households can only submit one application.
Officials in Columbia County have revealed the motives behind the program.
The initiative is part of efforts to boost financial stability, well being and expand opportunities.
Officials have revealed the average rent in Columbia County for a two bedroom home is higher than the national average.
And, childcare can cost up to $2,000 a month.
Officials revealed that more than 700 households in the county are reliant on SNAP benefits.
What are SNAP benefits?
Over 41 million people in America receive Supplemental Nutrition Assistance Program benefits each month.
SNAP provides food benefits to low-income households to help people get groceries.
Recipients get money on a debit card that can be used at grocery stores and farmers markets.
The amount of money distributed depends on several factors including how much money you make, how much money you receive from other benefits, and how many people are in your household.
The electronic benefits can help people buy food including food and vegetables, meat, fish, dairy products, breads, cereals, and snacks.
You can’t use SNAP to buy alcohol, cigarettes, hot foods, or cooking utensils.
Source: USDA
SNAP benefits, known as food stamps, are a tool that can be used by low-income families to buy healthy items.
The income program in Columbia County is not the only guaranteed income initiative that has been rolled out.
Americans can apply for payments worth up to $850 as part of a $2million program in Sacramento, California.
Dozens of cash-strapped Americans in Austin, Texas, are revealing monthly $1,000 checks as part of the city’s guaranteed income program.
But, the local outlet KUT has reported on efforts to block certain types of programs.
“There is no such thing as free money — especially in Texas,” Ken Paxton, the Texas Attorney General, warned.
Americans in Georgia are in the process of receiving rebates worth up to $500.
Residents in South Carolina can also apply for a share of unclaimed property.
On average, payments worth $500 are being sent out.
But, Americans must take part in a lottery if they want to be in with a chance of receiving the cashGetty Read More Details
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