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$1,000 Monthly Stimulus Check To Be Sent as Cash To Selected Americans

Some residents in the country will receive an amount of $1,000 monthly stimulus check as a part of a program and will be sent in a form of cash.

Stimulus Check

$1,000 Stimulus Check to be sent out to selected Americans. (Photo: Fingerlakes)

$1,000 Monthly Stimulus Check

In a recently published article in The U.S. Sun, in the form of cash, New York City women are getting some assistance. Each month, a panel of experts chooses 100 expectant women with a baby under a year old to participate. There are no conditions to participating in the guaranteed income scheme, and it is expected to be continued indefinitely.

Since July, families have received up to $300 a month in federal child tax credits, which Congress refused to renew. There is a belief that the money will be used to buy needs like newborn formula or diapers, and even to pay for rent or daycare.

Findings from the Bridge Project show that 60% of New York City pre-schoolers are beneath the 200 percent poverty limit. Families in Washington Heights, Harlem, and Inwood, New York, made up the majority of the sample population. For the next three years, 50 moms will get $500 each two-week period.

Read Also: IRS Says Two $3,600 Stimulus Checks Could Be Sent In February, Here’s What You Should Know

All You Need To Know About ‘Bridge Project’ and Are You Eligible?

The Bridge Project is the city’s first initiative that offers a set amount of money to participants. New York City-based private family organization the Monarch Foundation committed $16 million in financing for the project in June 2021.

The idea is to provide monthly stipends to low-income New York City moms throughout the first 1,000 days of their child’s life. The Bridge Project is collaborating with local organizations to help families in need. It also collaborates with the University of Pennsylvania’s Center for Guaranteed Income Research (CGIR).

Early in the year 2022, the next stage of the Bridge Project will get underway. It will begin selecting 500 more moms in April. Pregnant women for the first time will be welcome to participate. As part of the program’s expansion, East Harlem, Central Bronx, and the South Bronx in New York City will be included.

Related Article: Up To $1,261 Stimulus Checks To Be Sent Automatically To Disabled Americans