Chicago Basic Income Program Launched for Families to Receive $500 Monthly

Chicago Basic Income Program Launched for Families to Receive $500 Monthly

Photo: (Photo : KAMIL KRZACZYNSKI/AFP via Getty Images) Chicago is giving $500 a month for low-income families beginning 2022 under the pilot rollout of its basic income program, the biggest universal basic income benefit in the United States.

After the council voted "yes" on the basic income program on Wednesday, October 27, Mayor Lori Lightfoot said that initial recipients would be about 5,000 families who earn less than $35,000 a year.

Chicago was able to secure the funding, which came from Biden’s American Rescue Plan, after cutting $80 million from its police budget. Though Lightfoot said that the decision to divert […]

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