Guaranteed Income Program in Chicago

What is happening? Chicago will take its $500 monthly guaranteed income for qualified residents

Why is this important? The Chicago Resilient Communities Pilot will be funded with $31.5 million  and will distribute $500 to 5,000 households for the next twelve months.

How will this be important? The $1.2 billion Chicago Recovery Plan is designed to target low-income residents who suffered disproportionate economic hardship during the Covid-19 pandemic.

The participants will be at 61% have incomes below the federal poverty level of $27,750. Participants are expected to be 67%, identified as Black or African American, 23% as Latino or Hispanic, 16% as white and 3% as Asian. Other data show that 70% of recipients are women, 61% parents or caregivers, and 17% have a disability. 

Route Fifty | One of the Nation’s Biggest Cities Begins Cash Payments to Low-Income Residents