Thousands of Americans are about to receive $500 relief checks in January to combat the impact of the soaring inflation rate.
$500 Relief Check
The soaring inflation rate continues to affect Millions of Americans across the country. Federal and state officials address this problem by giving different aids like SNAP benefits, state stimulus checks, relief checks, and many more.
Meanwhile, the Chicago Resiliency Fund 2.0 has received $14.68 million in funding from Mayor Lori E. Lightfoot and the Department of Family and Support Services. Applications will be accepted through Saturday, December 31, rather than December 9, as previously announced. Officials will provide a one-time payment to up to 25,500 people.
Are You Eligible?
The initiative is intended to assist residents in Chicago who may have been overlooked for Covid-19 stimulus funds. Applicants must complete an online form by the end of the month, and candidates will be chosen at random in a lottery draw.
To qualify, Chicago residents must be above the age of 18 and earn at or below 300 percent of the federal poverty line. The income limit for a single person is $40,770. According to an article published in The U.S. Sun, residents must additionally fulfill one of the following requirements:
- Filed taxes in 2019 and claimed a dependent aged 17 or older
- They are an undocumented resident or domestic worker
Officials have cautioned that only one application per family will be accepted, and those duplicate applications would be denied. If chosen, candidates must pass eligibility tests aimed to prevent fraud or other illegal activity.
The funds will be placed into a prepaid debit card or sent through bank transfer. Officials have stated that they intend to hand out all payments by the end of December 2022.