Pilot to Policy: Guaranteed Income spreads across Chicago

Pilot to Policy: Guaranteed Income spreads across Chicago

With $500 per month, Chicago aims to help low-income residents.

Just over 5,000 Chicagoans are getting $500 a month in cash with zero stipulations, providing relief in light of a pandemic, shortages, layoffs, inflation and overall economic hardship. It’s called the Chicago Resilient Communities Pilot and it is the first government-run guaranteed income pilot in Chicago.

The pilot’s application launched in April and selected participants started receiving direct cash payments in July. The 5,000 participants are receiving payments until July 2023, a total of $6,000 in the year-long program. Participants were selected from a lottery of 176,000 applicants .This […]

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