This state is providing $528 monthly stimulus checks- just one requirement to qualify

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In a bid to promote economic justice and encourage entrepreneurship, Ann Arbor, Michigan, has launched an innovative pilot program called “Guaranteed Income To Grow Ann Arbor” (GIG A2). This groundbreaking initiative provides $528 monthly stimulus checks to qualifying residents, supporting those who are struggling, newly self-employed, or gig workers.

With the third round of payments already distributed and the next round on its way, GIG A2 is gaining attention for its potential to improve local economies and offer insights into the effects of guaranteed income on community well-being and economic development.

Eligibility

GIG A2 is a two-year pilot program that started issuing payments to 100 selected participants earlier this year. To qualify, applicants must reside in Ann Arbor, participate in the gig economy, and be at least 18 years old. Additionally, their gross income must not exceed 225% of the federal poverty level. Those applying for or receiving government benefits like SNAP or Pell Grants are also eligible. This approach ensures the program reaches economically challenged individuals with business ideas. Payments of $528 are released on the 15th of each month, ensuring participants can consistently meet essential needs.

Eligibility Criteria

CriteriaDetails
LocationAnn Arbor
ParticipationGig economy
AgeAt least 18 years old
IncomeUp to 225% of the federal poverty level
Government BenefitsEligible if receiving benefits like SNAP or Pell Grants

Impact

Spearheaded by Kristin Seefeldt, William Lopez, and Rebeccah Sokol from the University of Michigan’s Poverty Solutions team, GIG A2 is more than just a cash support program. The initiative includes a robust research component to evaluate how guaranteed income affects participants’ activities. The study focuses on the use of monthly payments, their impact on business initiatives, health status, and overall well-being.

To ensure rigorous analysis, 100 participants were randomly selected to receive the payments, while another group will receive no payments but will complete similar questionnaires and tests. This scientific approach aims to provide accurate data to assess the effectiveness of guaranteed income programs, which could inform future policymaking in Ann Arbor and other cities.

Community Support

The GIG A2 program exemplifies the positive engagement of Ann Arbor’s stakeholders. Supported by the American Rescue Plan Act (ARP), the City of Ann Arbor, and the Ann Arbor Area Community Foundation, the initiative involves local government bodies, academic institutions, and non-profit organizations.

Organizations such as Friends in Deed, Express Your Yes Foundation, Groundcover News, Ann Arbor District Library, and the Entrepreneurship Center at Washtenaw Community College have provided consultation for the pilot program. This multi-agency approach ensures the program is tailored to local needs while leveraging a range of professional expertise. The involvement of Steady, a platform used for disbursing monthly payments, further demonstrates the program’s commitment to timely and suitable funding.

Future Prospects

As the Guaranteed Income To Grow Ann Arbor program continues, it aims to prevent and reduce economic injustice and invest in local businesses. The $528 per month provided through stimulus checks offers a vital financial boost to low-income, minority small business owners and gig workers.

The experimental nature of the program is expected to yield crucial information on the impact of guaranteed income on physical and psychological well-being. This data could help design similar programs across the United States. As participants receive their third monthly payment, policymakers, researchers, and community leaders nationwide are eager to see the results of this social experiment in economic safety and development from Ann Arbor.

FAQs

What is GIG A2?

A guaranteed income program providing $528 monthly payments in Ann Arbor.

Who qualifies for GIG A2?

Ann Arbor residents in the gig economy, aged 18+, earning up to 225% of the federal poverty level.

How are payments distributed?

Payments are released on the 15th of each month, adjusted for weekends and holidays.

How is the program funded?

By the ARP, City of Ann Arbor, and Ann Arbor Area Community Foundation.

What is the purpose of GIG A2?

To reduce economic injustice and support local businesses.

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