Business
‘BIG: LEAP’: $1K/Month LA Economic Assistance Pilot Program
There is a new program called “Basic Income Guaranteed: Los Angeles Economic Assistance Pilot” (BIG: LEAP) which started on Friday, October 29th.
Families living under the federal poverty level are eligible to apply to receive $1000 in monthly cash payments. The guaranteed basic income program will provide approximately 3,000 individuals with $1,000 per month for 12 months.
Eligibility
To qualify, applicants must:
- Live in the City of Los Angeles
- Be at least 18 years old
- Have at least one dependent child or be pregnant
- Experienced a medical or economic hardship related to COVID-19
- Have an income level at or below the federal poverty line, which falls at $26,500 a year pre-tax for a family of four.
Applicants can check their eligibility online.
Deadline
Applications are open until Sunday, November 7th at 11:59 PM.
“Applications are not on a first-come, first-serve basis. As long as you apply before the deadline, the timing of your application does not affect your chances of being selected. Applications that do not meet all eligibility criteria will not be accepted.” The website read.
People can apply online.
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