Friday is the last day for residents in Mount Vernon, New York, to apply for a guaranteed income pilot program featuring $500 worth of monthly payments.
The program, named Level Up, will dole out $500 in direct monthly payments for a 12-month period. To be eligible, households must possess an income at 80% of the Community Development Block Grant annual income limit or lower, which ranges from $63,000 to $118,800 depending on the household size. The application closes Friday at 11:59 p.m.
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“Economic security is a quintessential building block for families in Mount Vernon,” Mayor Shawyn Patterson-Howard said, per a website for Level Up. “I fully support guaranteed income for residents. I’m excited to join a coalition of innovative and forward-thinking mayors who are not afraid to push for critical resources for their community.”
The CDBG annual income limit tops out at $63,000 for households of one person and $118,800 for households with eight children, according to the city. A chart with additional information about the income limits can be found here.
In addition to the CDBG requirement, participants must also be residents of Mount Vernon over the age of 18 and have an income above $15,000 annually.
Level Up is the product of a partnership between the Mayors for a Guaranteed Income program and Mount Vernon. The goal is to study the effects of giving residents a guaranteed income payment.
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Prospective applicants can apply on the website for the program. Some 200 applicants will be selected.
Applications for the program first opened on July 20.
