Stimulus update: Michigan to send monthly payments of $528 to low-income small-business owners in two days – Washington Examiner

Last month, monthly payments of $528 started being sent out to 100 entrepreneurs with low incomes in Ann Arbor, Michigan. The next payment is slated to go out in two days.

The two-year guaranteed income pilot program, called Guaranteed Income to Grow Ann Arbor, is led by the University of Michigan’s Poverty Solutions team. The payments started going out in January to selected applicants, and they will be sent out on the 15th of each month, depending on when weekends or holidays fall, Kristin Seefeldt, the associate director of Poverty Solutions, told the Washington Examiner.

“This guaranteed income pilot is about celebrating residents who do much to strengthen our community but are still struggling to make ends meet,” Seefeldt said in October.

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The money from the guaranteed income program was available to those who identified as “an entrepreneur, owner of a formal or informal small business, independent contractor, provide paid services informally, or a gig worker” in various industries. 

Applications for the program closed last year. Interested candidates had to be residents of Ann Arbor and at least 18 years old. Applicants must have had an income at or below 225% of the federal poverty line, and those who receive or could qualify for federal assistance (such as the Supplemental Nutrition Assistance Program or Pell Grants) likely qualified. 

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