With confirmed financing commitment, a District Illinois announced that there will be a guaranteed income program in 2026 to help specific families. It’s about managing cookwho originally launched this initiative again in 2022. distributed $500 per month to families that met certain requirements and the results were positive.
After a vote by the Board of Commissioners, the initiative passed Funding received for fiscal year 2026. Accordingly Newsweek, will have $7.5 million This will be taken from the district’s equity fund.
Until now, Authorities did not specify the amounts or terms for the next edition of the financial assistance program. As soon as everything is clarified, the… A draw is held to determine which families will benefit from the guaranteed income for a certain period of time.
The potential of the measure is important because it is second largest county in the USAwith more than five million inhabitants. That’s where they are found Like cities Chicago.
According to the section of the official website where the conditions of social assistance are presented, the program had one Pilot version launched in December 2022. That was when it was announced 3,250 low-income families would receive $500 monthly.
Registration began in October 2022 and a month later participants who met the conditions were drawn. Those who were selected received the monthly assistance from Cook County for two years.
The check did not contain any terms and conditions for the beneficiaries. As a pilot program, the Illinois county conducted surveys and collected data to find out where most of the money was used What benefits did it bring? the initiative to the families who took part.
In this sense, Cook authorities released some preliminary data in April and announced the establishment of a committee responsible for thoroughly evaluating the information. As a result, the county would make a decision about what to do with the program. Finally, will return in 2026.
According to a press release published in April, the pilot phase of the Guaranteed Income Program Delivered “Significant Benefits” for the participants. These included “financial stability” and “stress reduction”.
Special, Cook County conducted surveys using forms which he sent to all participants. These are them Key data that the polls showed: