Monthly payments of up to $800 for two years: Who qualifies?

Maryland residents could monthly payments of $800.

Find out who qualifies.

It’s a guaranteed basic income pilot program.

In an effort to combat poverty and provide financial support to residents in need, Marylanders could qualify for a new program.

Prince George’s County, located outside Washington DC, has launched an innovative guaranteed basic income initiative.

The plan is called ‘Thrive Prince George’s,’ and its objective is to provide payments of $800 per month to 175 people over a period of two years.

Before you continue reading, we invite you to listen to the new Mundo Narco podcast by clicking HERE.

To listen to the podcast click on the image

Photo: MundoNOW

The funds allocated to this program amount to $4 million and it is designed to benefit individuals living in Maryland.

Support is directed to vulnerable groups such as seniors and young adults who have been through the foster care system.

The initiative, funded by both private donors and the Prince George’s County, seeks to provide significant financial relief to those who desperately need it.

The application process to participate in the program closed on January 1, and the first beneficiaries are expected to begin receiving payments later this year.

Monthly payments of $800 for Maryland residents

Photo: Shutterstock

There will be no work requirements, drug testing or spending restrictions. Recipients will be able to use the money as they choose, depending on their individual needs.

The program will select 50 young people between 18 and 24 years old, as well as 125 seniors, in hopes of supporting residents of Prince George’s County.

It is expected to give the selected people a fair opportunity for long-term success, according to The Sun.

As issues of equity and quality of life continue to gain prominence in U.S. politics, guaranteed basic income programs have become a solution.

Similar guaranteed basic income programs in other states

Photo: Shutterstock

In Southern California, for example, a similar program is allocating $10 million to foster children and new mothers.

They are being offered monthly payments of up to $750 that will be delivered for 18 consecutive months.

The idea of ​​a universal basic income, which would guarantee all citizens a fixed monthly sum, has gained ground across the country.

These programs, which could be implemented at the state or national level, would eliminate the restrictions and limitations associated with traditional welfare programs.

Alaska provides aid to its citizens

Monthly payments of $800 / Photo: Shutterstock

These programs encourage productivity by providing a safety net for those who have lost their source of income.

Alaska has had a similar system in place since the 1970s, distributing part of its mineral and oil wealth among the state’s residents.

Recently, Alaskans have been receiving checks of up to $1,312 as part of this program, The Sun noted.

In other parts of the country, such as Newark, New Jersey, new initiatives are being explored to address the housing crisis.

Other financial relief

Photo: Shutterstock

Some Americans could get a tax rebate for purchasing a new or used electric vehicle this year.

This reflects an effort to promote the adoption of cleaner and more sustainable technology.

These programs and policies reflect a renewed commitment to help residents on the part of local and national governments, according to The Sun.

They aim to address economic and social inequalities, providing tangible relief to those who need it most.