Residents of Minneapolis will soon be able to enjoy a new stimulus check payment. This United States city will be sending out payments that are part of a guaranteed basic income pilot program. The ultimate intention of this stimulus check is none other than to help the neediest Americans.
The processing of the payment began last June 2022. Citizens who were able to apply for this stimulus check will be able to receive this type of payment until June 2024. Still, there are some of them who might not receive the money for all this amount of months. It all depends on the program itself.
Anyway, the important thing to know about this stimulus check is that it is for Minneapolis citizens and it grants $500 per month. Spending this money is totally free, so citizens do not have to justify what they use their financial help checks for.
When will the stimulus checks be sent out?
The distribution of stimulus checks is scheduled to commence on June 20th, ensuring much-needed financial relief. However, it’s important to note that the deadline for applying for these payments has already passed.
Regrettably, if you missed the application window, you won’t be eligible to receive this particular assistance. Nevertheless, there is a glimmer of hope as it’s conceivable that Americans may receive similar financial aid in the coming months or years. As future circumstances unfold, new opportunities for financial support may emerge for those in need. Stay informed and prepared for any potential assistance programs that may be introduced.
- In order to have received one of these stimulus checks, you must meet several requirements:
- Be 18 years old by January 1, 2022.
- Have an annual income at or below 50% of the median income in the Minneapolis area.
- Live in one of the zip codes established for this basic guaranteed income program.
- Have been affected by the past pandemic (whether loss of employment or otherwise).
A priori there are no minimum household size requirements. Therefore, any American can apply for this stimulus check, even if they live alone. However, in case you have not applied, don’t forget to keep an eye the next checks because we may have new financial help on the way.