In the month of February, the Commonwealth of Virginia will receive the first of $500 monthly instalments. The funds will be distributed through the ARISE programme in Alexandria, Virginia.
One hundred seventy lucky residents of Alexandria, Virginia will each get $500 monthly for two years. Focus group participants will be picked at random from a pool of 210 locals. These particular citizens will no longer receive regular subsidies.
However, they might get paid for their time if they fill out the surveys. The Alexandria Recurring Income for Success and Equity programme in Virginia is responsible for these regular payouts (ARISE).
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The ARISE programme received funding from the American Recovery and Reinvestment Act, according to a MARCA report (ARPA). The Congress unanimously passed and the President duly signed this into law in March of 2021.
Four thousand one hundred sixty-nine applications have been submitted to the programme thus far. Payment schedule details are rather sketchy at this time.
But the state has said they’ll be there in February, so that’s something to look forward to. MoCaFi, a partner in financial distribution, will work with Virginia to issue the payments on a debit-style card.
It has been reported that the monthly payments won’t have any effect on the recipient’s Social Security income.
In addition, recipients of other forms of cash assistance, such as the Low Income Home Energy Assistance Program (LJHEAP), TANF, or a child care subsidy, will not see any changes to their own financial situations as a result of these payments.
Who Gets to Cash in on These Regular Checks?
Weiss claims that one must live in Alexandria, Virginia, in order to get the monthly payments. Also, they need to be 18 or older and have a household income that is at or below 50% of the AMI in their area (AMI).
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All adults in the home must have their incomes counted toward the total. Income can come from a variety of sources, including wages and government benefits like Social Security, Disability Insurance, Temporary Assistance for Needy Families, and child support.
The maximum allowable income is $49,850 for a single person household and $71,150 for a family of four.