Chicago $500 Monthly Checks For Two Years: Who’s Eligible?

New Direct Payments up to $500 per month are coming for some Americans. The payments will continue for two years, but not everyone will qualify.

It is a new pilot program for guaranteed income that will accept applications until Friday, October 21.

This program is known as the Cook County Promise that will give 3,250 eligible families $500 per month in direct income with no strings attached for the next two years.

As one of many programs that guarantee income since the pandemic put the economy in danger in 2020. This week is the last week for applications, so people need to know a few important things.

Only Cook County households making 250 percent or less of the federal poverty level are eligible.

Who is eligible for these Direct Payments?

All applicants must be at least 18 years old. Only one person from each household will be permitted to apply for and receive these funds.

County residents who are already enrolled in Chicago's guaranteed income pilot program, known as the Resilient Communities Pilot, are not eligible to participate in this program.

Elected officials and county employees are among those who are not eligible. Essentially, this program will be available to Cook County households in desperate need of financial assistance.

People who qualify will be chosen at random in a lottery. They should be notified if they are chosen by the middle of November.

This notification will be sent to the email address and/or mobile phone number provided by the applicant in their application.

The first payment will be made no later than January 20, 2023. People must apply online before the deadline of October 21.