Minneapolis residents will receive a $500 direct payment within nine days of receiving the stimulus check
There will be a nine-day wait before recipients of a
guaranteed income program in Minneapolis receive their next payment.
It is part of the Minneapolis Guaranteed Basic Income Pilot program,
which began in June 2022 and will continue through June 2024.
Payments from this program, and the funds can be spent however they like.
To be eligible for this program, applicants had to be 18 years old by Jan. 1, 2022,
have an income below 50% of the area median income for Minneapolis,
and live in one of several ZIP codes specified by the program.
As well as that, applicants had to have been affected by the Coronavirus pandemic at
the time they applied. It is important to note that pandemic
effects can include losing a job, having higher health expenses,
or not having access to child care as some of the qualifying effects.
the project manager for this program confirmed that payments are processed on
the 20th of every month and that each participant receives $500 every month from the program.
portal on the state's Taxation and Revenue Department website.
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