More than 176,000 Chicagoans applied to be part of the city’s cash assistance program, which will study whether a universal basic income could reduce poverty in the city, Mayor Lori Lightfoot said Tuesday.
More than 176,000 Chicagoans applied to be part of the city’s study that will test whether a universal basic income could reduce poverty in the city, Mayor Lori Lightfoot said Tuesday.Most of those who win the lottery to participate in the program could get the first of 12 $500 monthly payments at the end of June, officials said.
More than half of those applications came in the first 24 hours after city officials launched the program, officials said. The $31.5 million program has enough funding to send just 5,000 Chicago families $500 per month for 12 months, officials said. Approximately 68% of applicants told officials they were Black or African American, while 24% of applicants told officials they were Latino or Hispanic, officials said.
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