3 questions to understand guaranteed income in Cook County

Marca

Cook County will launch a Guaranteed Income Program in 2026 that provides $500 per month to qualifying residents. The payments are designed to support low and middle income individuals or families with essential expenses. Eligibility is limited to those who meet specific income and residency requirements, so it is not a universal basic income. Early pilot participants reported improved financial stability, reduced stress and better ability to cover basic needs such as food, rent and utilities. Residents should review the criteria to determine whether they qualify for the benefit.

Transcript

00:00Do you know who can receive $500 a month in Cook County starting in 2026?

00:05Here's a breakdown and three key steps.

00:08What is it?

00:09The Guaranteed Income Program provides regular cash payments to low- and middle-income individuals

00:14or families to help cover essential expenses.

00:18Who can access it?

00:19It is only available to residents who meet specific income criteria.

00:23This is not a universal basic income.

00:26Why does it matter?

00:27Participants in the previous pilot reported greater financial security, less stress,

00:32and used the money for basic needs like food, rent, and utilities.

00:37Now you know.

00:37Keep these facts in mind and see if you are eligible for this benefit.

Categoría

Transcripción

Comentarios

Recomendada