Alexandria $500 ARISE Monthly Checks: Who’s Eligible?

Exact dates Hundreds of Americans can apply for direct payments of $500 a month. Who can get the $3 million pot?

Alexandria, Virginia, officials have announced the day when people can apply for $500 monthly basic income payments.

Today, October 31, people can start applying for the ARISE programme, which gives hundreds of local families a basic income.

ARISE stands for Alexandria's Recurring Income for Success and Equity. People who live in the 22301, 22302, 22304, 22305, 22311, 22312, or 22314 ZIP codes can fill out an application.

The American Rescue and Reinvestment Act allocates $3 million to the government, which can be used to pay for this pool of money.

170 households will get money every month for two years. There will be no rules or requirements about how the money can be spent.

A household's income must be half the area average to qualify. A family of four can't earn more than $71,150 a year.

Unrestricted contributions help families become financially stable, research finds. GIPs promote children's health, education, and well-being.

Researchers will keep an eye on the families who get the money to see if the plan works. The application period will last until November 9.