Americas are about to receive next week an amount of $500 monthly payments for 24 months as a part of a new program.
$500 Monthly Payments
Millions of families across the country still rely on the different programs from both federal and state governments to combat economic challenges brought on by the pandemic and the soaring inflation rate. Officials took action by making sure that American families will be supported well amidst this time of crisis.
Beginning next week, hundreds of families will receive the first round of $500 as a part of a new program in Alexandria, Virginia called ARISE. There were around 4,159 applicants and 170 applications should expect their checks on the last week of this month.
According to a published article in The U.S. Sun, the city of Alexandria is partnering with MoCaFi and will distribute the fund through a debit-like card. It is also important to note that applicants do not need to have a bank account in order to receive $500 monthly payments for 24 months.
Who Are Qualified?
To qualify in the Alexandria Recurring Income for Success and Equity (ARISE), the following should be met:
- A resident of the city of Alexandria
- Must be 18 years old and above
- Household income must be at or below 50 percent of Area Median Income (AMI)
Additionally, it was made clear that the household income is equivalent to the total income of all household members 18 years old and above. This also includes other cash benefits like SSI, SSDI, TANF, and Child Support.