Stimulus update: Deadline to apply for $500 Sacramento guaranteed income program is in two days

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The likeness of Benjamin Franklin is seen on a U.S. $100 bill, Wednesday, Feb. 22, 2023, in Marple Township, Pa. (AP Photo/Matt Slocum) Matt Slocum/AP

Stimulus update: Deadline to apply for $500 Sacramento guaranteed income program is in two days

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Residents of Sacramento, California, only have a couple days left to apply for a guaranteed income program that will give recipients $500 every month for a year.

The program, which is a partnership between the city and the nonprofit United Way, has already given 100 families in Sacramento County $300 every month since June 2021 and will select 80 applicants to receive this new $500 monthly payment. As part of this program, the California State University will conduct an evaluation on the experiences of participants who are receiving this money, according to United Way.

STIMULUS UPDATE: DIRECT PAYMENTS WORTH $500 FOR MORE THAN 300 FAMILIES TO BE SENT IN SEVEN DAYS

Applications for this program opened on March 15 and will remain open through 11:59 p.m. on Friday.

To be eligible for this program, applicants must earn an income below certain limits regarding household size, with a household of one adult earning no more than $28,205 and a household of two earning $43,201; this income limit will go up slightly with every child a household has, regardless of whether the house has one or two adults. Additionally, applicants must have a residential address within Sacramento.

The first payment is set to go out to recipients on July 1.

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Recipients of this program will also receive surveys from the California State University in Sacramento, the first of which is mandatory and the second and third being optional, with the second being issued at the end of the program and the third being issued six months after the program’s end. However, applicants who complete these optional surveys will be given $25 for both surveys completed.

All 80 of these eligible recipients will be randomly selected among applicants. These applicants will be informed that they have been selected through email sometime between late April and early May.

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