A new stimulus check for some United States citizens is on the way. This new Guaranteed Benefits Income (GBI) program will give Michigan citizens payments of $528 to a total of 100 residents.
The first of the requirements to apply for this benefit is to live in Ann Arbor, Michigan. Beyond that, there are a few other requirements. The program will start operating thanks to the city’s partnership with the University of Michigan.
The idea behind this whole new stimulus check is to help 100 people with these monthly payments. The purpose of the money is whatever the citizen wants. That is, there is no set purpose for the payments from this guaranteed income (GB) program.
Requirements for this Michigan stimulus check
As we discussed earlier, to get this Michigan stimulus check you need to be a resident of Ann Arbor. In addition to that, there is another requirement attached to the level of economy in the household. Every citizen will have to meet the requirements if they want to receive this monthly payment.
The money will come for 24 months to the chosen citizens. In total, there are 100 Michiganians who will enjoy this benefit. In order to receive the stimulus check, it is necessary to be at a level 300% below the federal poverty level.
In this regard, the salary limits are as follows:
- $43,740 for an individual person.
- 74,580 for three-person households.
The ultimate goal of this stimulus check is to subsidize all kinds of entrepreneurial activities in the city. For that reason, there is no need to justify spending the money. Regardless, we must keep in mind that it must be used for this purpose.
Is it possible to combine this payment with Social Security?
One of the big questions about stimulus checks and Tax Refund is the possibility of combining them with Social Security. As a general rule, we will be able to combine both checks. However, it is true that a citizen with retirement age rarely applies for these payments.
Even so, it is possible to combine these payments if we meet the requirements. In this sense, it is possible that citizens who receive a Social Security Disability Income may have a better chance of receiving the payment.
Just by fulfilling the above mentioned requirements we will be able to access this check. So apply for it if you meet the conditions. If you are not eligible, check the rest of the help available, as there are a great number of them.
In this sense, the Supplemental Security Income is usually a very useful help. If we are waiting to receive one of these benefits, we should know that we can also combine it with the stimulus check. In short, the stimulus check is compatible with the rest of the income as long as we do not exceed the established monthly income.