Eligible Americans will get $500 in monthly direct payments for two years

• Eligible Americans will get $500 in monthly direct payments for two years.
• Those who qualify will receive a total of $12,000.
• Do you qualify?

Good news! Eligible Americans will receive a monthly check for $500 over the next two years thanks to a universal basic income program, according to The Sun.

A total of 110 residents of the Des Moines metropolitan area in Iowa will receive a total of $12,000 in the form of monthly payments for two years after the council approved $500,000 in funding for the program.

Some Iowa residents will receive up to $12,000

In all, the universal basic income program is expected to cost $2.5 million and is organized by the nonprofit Mid-Iowa Health Foundation. The organization’s chief executive, Nalo Johnson, told Axios that monthly direct payments of $500 will launch this year, with the first round of aid in February.

According to organizers, the pilot program will be available to low-income residents. However, the exact income level for eligibility is not available at this time. Filed Under: Iowa check

How will eligible individuals be selected?

So far they have not indicated whether there will be a selection process to see who can receive monthly payments of $500 for two years for a total of $12,000, according to The Sun.

“The pilot seeks to support the economic health of the community by improving the ways in which community members show up in the workforce due to the reduced burdens brought on by the stressors associated with poverty,” reads a summary of the council pilot program. Filed Under: Iowa check

Another state will receive a generous check

On the other hand, new direct payments of $3,200 will be sent to tens of thousands of eligible Americans within a few weeks. The state of Alaska plans to begin distributing this year’s oil wealth fund check and a special energy relief payment to residents on September 20, 2022.

The timeline was announced recently by Gov. Mike Dunleavy and the state Department of Revenue. The combined dividend payment and energy relief payment is estimated to be about $3,200 per person. A final figure is pending. Filed Under: Iowa check

Residents will receive two payments in one

Residents will receive the money as a lump sum payment, the department said. Lawmakers intended the energy relief payment to be a one-time benefit to help residents with high energy costs.

According to The Sun, Alaska residents will receive two aid payments in a single installment. The Alaska Permanent Fund, which gives state residents a share of dividends from the oil wealth, will total $2,550 this year. Filed Under: Iowa check