US City Launches Universal Income Pilot Program Offering 2376000 in Free Money Opportunities
A new guaranteed income pilot program is set to launch in a city on the West Coast.
Known as the Pomona Household Universal Grants (HUG) Pilot Program, this project will provide $2.376 million to selected parents near Los Angeles over a period of one-and-a-half years.
The program will choose a total of 600 participants who will be divided into two groups.
The first group will consist of 250 applicants who will receive a monthly payment of $500 for 18 months. The second group will include 350 participants who will receive a monthly allowance of $20 for the same duration.
Registration is currently open and will continue until July 8th.
To be eligible, applicants must be residents of the city at the time of application, at least 18 years old, and either a parent or legal guardian of a child under four years old. In addition to meeting these basic criteria, applicants must also meet one of four requirements set forth by the American Rescue Plan Act (ARPA). These requirements include living in a qualified census tract, receiving another government benefit, experiencing hardship during the Covid-19 pandemic, and having an income at or below 65% of the area median income, which is approximately $72,150 for a household of two.
All applicants must also agree to participate in a study conducted by the University of California, Los Angeles (UCLA). Participants will receive a bonus payment of $50 for each completed survey.
Stay informed by subscribing to receive email alerts directly to your inbox.
Follow us on X, Facebook, and Telegram for the latest updates.
Disclaimer: The opinions expressed on The Daily Hodl are not investment advice. Investors should conduct their own research before engaging in high-risk investments in Bitcoin, cryptocurrency, or digital assets. Please be aware that all transfers and trades are done at your own risk, and any losses incurred are your responsibility. The Daily Hodl does not endorse the buying or selling of any cryptocurrencies or digital assets, nor does it provide investment advice. Please note that The Daily Hodl may engage in affiliate marketing.