Guaranteed Basic Income (GBI) programs are becoming more popular in the US as a way to help people who are struggling financially. These programs give people regular monthly payments to make life a bit easier. Here’s a look at which states are offering these payments in July 2024 and what you need to know about them.
What is Guaranteed Basic Income?
Guaranteed Basic Income (GBI) is a financial support program that gives low-income individuals monthly payments with no conditions attached. This helps people cover their basic needs and provides financial stability. Since 2019, many cities across the US have tested GBI programs, offering amounts ranging from $100 to $1,000 per month.
States Offering Stimulus Payments in July 2024
California
Los Angeles: The Breathe program provides $1,000 per month to 1,000 low-income households from June 2022 to August 2025.
Long Beach: The Long Beach Pledge program offers $500 per month to around 200 low-income households with children from spring 2024 to spring 2025.
Mountain View: The Elevate MV program gives $500 per month to about 166 low-income parents from December 2022 to December 2024.
Sonoma County: The Pathway to Income Equity program offers $500 per month to 305 low-income families from January 2023 to January 2025.
Georgia
Atlanta, Southwest Georgia, and City of College Park: The Georgia Resilience and Opportunity Fund provides $850 per month to around 650 low-income black women from fall 2022 to fall 2024.
Illinois
Cook County: The Cook County Promise program provides $500 per month to 3,250 moderate-income households from December 2022 to December 2024.
Massachusetts
Somerville: This program offers $750 per month to around 200 low-income households from July 2024 to July 2025.
Maryland
Baltimore: The Young Families Success Fund provides $1,000 per month to 200 young parents from August 2022 to July 2024.
Michigan
Ann Arbor: The Guaranteed Income to Grow Ann Arbor program provides $528 per month to about 100 low-income entrepreneurs from January 2024 to December 2025.
Flint: The Rx Kids program offers a $1,500 lump sum and $500 monthly to 1,200 new and expectant mothers from January 2024 to spring 2025.
New Mexico
Santa Fe: The Learn, Earn, Achieve Program provides $400 per month to 98 young, low-income parents enrolled in education programs at Santa Fe Community College from January 2024 to spring 2025.
New York
New York City: The Bridge Project provides up to $1,000 per month to 1,200 low-income mothers, ongoing since June 2021.
State | City/Area | Monthly Payment | Program Duration |
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California | Los Angeles | $1,000 | June 2022 – August 2025 |
Long Beach | $500 | Spring 2024 – Spring 2025 |
Mountain View | $500 | December 2022 – December 2024 |
Sonoma County | $500 | January 2023 – January 2025 |
Georgia | Atlanta, Southwest Georgia, City of College Park | $850 | Fall 2022 – Fall 2024 |
Illinois | Cook County | $500 | December 2022 – December 2024 |
Massachusetts | Somerville | $750 | July 2024 – July 2025 |
Maryland | Baltimore | $1,000 | August 2022 – July 2024 |
Michigan | Ann Arbor | $528 | January 2024 – December 2025 |
Flint | $1,500 lump sum + $500/month | January 2024 – Spring 2025 |
New Mexico | Santa Fe | $400 | January 2024 – Spring 2025 |
New York | New York City | Up to $1,000 | Ongoing since June 2021 |
Texas | San Antonio | Up to $500 | Summer 2023 – December 2024 |
Texas
San Antonio: The UpTogether San Antonio program offers up to $500 per month to 25 low-income mothers from summer 2023 to December 2024.
Why GBI Programs Matter
GBI programs help people who need it the most by providing regular payments that can be used for essentials like food, housing, and healthcare. These payments are designed to make life a little easier and to reduce poverty.
Criterion | Details |
---|
Income Level | Generally for low-income individuals and families; specific thresholds vary by program. |
Residency | Typically requires being a resident of the city or state where the program is offered. |
Special Groups | Some programs target specific groups, such as young parents or people with disabilities. |
Application | Check each program’s official website for detailed application procedures and deadlines. |
By offering financial support, GBI programs help people manage their daily needs and cope with unexpected expenses. This is especially important as costs for basic items and medical care continue to rise.
What is Guaranteed Basic Income (GBI)?
GBI is a financial support program that provides regular monthly payments to low-income individuals with no strings attached. It aims to help people cover their basic needs and improve financial stability.
Which states are offering GBI payments in July 2024?
Several states are providing GBI payments in July 2024, including California, Georgia, Illinois, Massachusetts, Maryland, Michigan, New Mexico, New York, and Texas.
How much money will GBI programs provide?
The amount varies by program. For example, Los Angeles offers $1,000 per month, while programs in Texas provide up to $500 per month. Each program has different payment amounts and eligibility criteria.