Cook County launches guaranteed income program paying $500 a month to mostly suburban residents

Cook County launches guaranteed income program paying $500 a month to mostly suburban residents

Cook County will implement a new pilot program this fall that will provide monthly $500 payments to 3,250 mostly suburban residents for two years, county board Board President Toni Preckwinkle announced Wednesday.

The Cook County Promise Guaranteed Income Pilot will be funded by $42 million from the American Rescue Plan and would improve the health, safety and quality of life of county residents, Preckwinkle said.

"Historically, both public and private institutions have been unwilling to directly invest in low-income people without significant restrictions attached," Preckwinkle said. "This red tape is in place not because any evidence shows that it is necessary, […]

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