$500 Cash Payments Deadline For Application Has Been Revealed – Stimulus Update
Residences in Chicago who want to get some extra money may be able to receive $500 if they fill out a program application before New Year’s Eve.
According to the Heartland Alliance, Chicago Resiliency Fund 2.0, will provide up to 25,500 qualified Chicago residents a one-time payment of $500. The payment is intended to support people who had trouble being eligible for federal relief payments in 2020, such as COVID-19 relief funds. The program is currently accepting applications from households that filed 2019 taxes with claimed dependents who are at least 17 or above.
What Do You Need To Do To Be Qualified For This $500 Payment – When Is The Deadline?
According to a published post by The Gazette, to be qualified for this payment, applicants must be at least 18 or older and reside in the city of Chicago. Moreover, applicants’ income level must not exceed 300 percent of the Federal Poverty Level.
The Federal Poverty Level will vary for applicants depending on the number of people within their household. For individual applicants, the FPL will be $40,770, and for applicants with two people, it will be $54,930, with the amount increasing for every person in a household. For applicants exceeding eight people in their household, the amount will be $139,890 plus $4,720 for every person beyond eight.
Applications are available and will be accepted until Dec. 31. Recipients will then be chosen for this program via a lottery. People who want to apply can do so online, and any questions they might have can be answered by texting or calling the number 312-460-2564.