More than 176,000 Chicago households applied for the city's guaranteed basic income pilot program, which will begin sending out $500 monthly payments to roughly 5,000 low-income families in late June.
According to the mayor's office, the city received at least 300 applications from each of Chicago's 50 wards. To qualify for the program, residents must have lived in Chicago for at least one year, be 18 years old or older, have experienced economic hardship due to the COVID-19 pandemic, and have a household income below 250% of the federal poverty level. That's $57,575 for a family of three, according to the mayor's office.
Approximately 68% of the applicants identified as Black, 24% were Latino, 15% were White, and 3% were Asian.
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