Have Cheer in Holidays- Residents in Chicago can Receive a Payment of $500

If you live in Chicago, you can get a $500 bonus in time for the holidays. In 2020, residents living in poverty and who did not receive stimulus checks or other financial aid will be able to receive some assistance.

In response to this need, the American Recovery and Reinvestment Act (ARRA) provided funding of $14.68 million for the Chicago Resiliency Fund 2.0.


Applicants must live in Chicago and be over the age of 18. When calculating eligibility based on 2019 tax returns, you must include a dependent who is 17 or older. A household’s income must be at or below 300 percent of the federal poverty line.

The application period closes at 5 p.m. on December 9. Roughly 25,500 people in the area qualify. One hundred fifty (150) applicants will be chosen at random to receive payments. After applying, you can expect a response within a week.

The deadline for receiving payments is December 2023. You can reach us at 312-460-2564 or [email protected] if you need any help. This benefit is only available to those whose annual household income falls within the ranges listed below. For groups larger than eight, please add $4,720.

The annual budget for a single person in a family is $40,770. To support a couple: $54,930
Cost of maintaining a family of three in the United States in 2019: $69,090.For a family of four, the annual cost is $83,250. With a family of five, you can expect to spend approximately $97,410 annually. $111,570 for a family of six. A family of seven would need an annual income of $125,730. For a family of eight, $139,890.

source: original.newsbreak.com

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