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Who Will Get It And When – Darlinez News.

<p> &lbrack;ad&lowbar;1&rsqb;<br &sol;>&NewLine;<&sol;p>&NewLine;<div>&NewLine;<p>A new guaranteed income program will give hundreds of dollars to eligible households in Virginia per month for two years&period; The authorities started accepting applications for the guaranteed income program on October 31&period;<&sol;p>&NewLine;<p>Those who haven’t yet applied for this guaranteed stimulus check from Virginia need to hurry as the applications can only be filed until November 9&period; A point to note is that this guaranteed income program is specifically for the residents of Alexandria&period;<&sol;p>&NewLine;<h2>Alexandria’s ARISE Program&colon; What Is It&quest;<&sol;h2>&NewLine;<p>Applications for Alexandria’s ARISE program opened on October 31&period; ARISE &lpar;Alexandria’s Recurring Income for Success and Equity&rpar; is a pilot program that guarantees a basic income to hundreds of local families&period;<&sol;p>&NewLine;<p>&OpenCurlyDoubleQuote;Guaranteed income is a proven tool to help families secure stronger financial footing and take steps to move up the economic ladder&comma;” Mayor Justin Wilson said earlier&period;<&sol;p>&NewLine;<p>From the total applications&comma; the program will randomly select 170 persons via lottery&period; The application for the program ends on November 9 &lpar;11&colon;59 p&period;m&period;&rpar;&period; The selected persons will get &dollar;500 per month for two years&period;<&sol;p>&NewLine;<p>Authorities expect to send the first guaranteed stimulus check from Virginia in January 2023&period; The program is expected to cost about &dollar;3 million&comma; and the funding for the program comes from the federally-provided American Rescue Plan Act &lpar;ARPA&rpar;&period; The recipients will be free to use the money on anything they want&period;<&sol;p>&NewLine;<p>&OpenCurlyDoubleQuote;The payment is unconditional&comma; with no requirements and no restrictions on how it is to be spent&comma;” the program’s website says&period;<&sol;p>&NewLine;<h2>Guaranteed Stimulus Check From Virginia&colon; Who Will Get It&quest;<&sol;h2>&NewLine;<p>To be eligible for the guaranteed stimulus check from Virginia&comma; residents must be at least 18 years old&period; Also&comma; applicants’ annual income should be less than 50 percent of the Area Median Income&period; This means that the annual income for a family of four shouldn’t be more than &dollar;71&comma;150&period;<&sol;p>&NewLine;<p>Applications for the program can only be submitted online&period; No documents will be needed at the time of application&period; If you aren’t sure whether or not you are eligible for this guaranteed income program&comma; you can take the ARISE screening&period; The screening will help you determine if you meet the requirements to apply or not&period;<&sol;p>&NewLine;<p>Help is available at several locations across the city to those who need assistance with filling out the application&period; Moreover&comma; all public libraries offer internet or computer access at no charge to those who require such assistance to fill out an application&period;<&sol;p>&NewLine;<p>Researchers will work with the recipients to find out whether or not the program is achieving the desired objectives&period; For more information on the ARISE program&comma; visit this link&period;<&sol;p>&NewLine;<p>Many other cities are also experimenting with similar guaranteed income programs&period; Richmond&comma; Virginia for instance&comma; has come up with a similar program but with just 18 families&period; Ellenville&comma; New York is also experimenting with a similar program&period;<&sol;p>&NewLine;<p><i>This article originally appeared on ValueWalk<&sol;i><&sol;p>&NewLine;<div id&equals;"smartasset" style&equals;"margin-bottom&colon; 1em&semi; margin-top&colon; 1em&semi;">&NewLine;<p><b>Sponsored&colon; Tips for Investing<&sol;b><&sol;p>&NewLine;<p>A financial advisor can help you understand the advantages and disadvantages of investment properties&period; Finding a qualified financial advisor doesn’t have to be hard&period; SmartAsset’s free tool matches you with up to three financial advisors who serve your area&comma; and you can interview your advisor matches at no cost to decide which one is right for you&period; If you’re ready to find an advisor who can help you achieve your financial goals&comma; get started now&period;<&sol;p>&NewLine;<p>Investing in real estate can diversify your portfolio&period; But expanding your horizons may add additional costs&period; If you’re an investor looking to minimize expenses&comma;&Tab;consider checking out online brokerages&period; They often offer low investment fees&comma; helping you maximize your profit&period;<&sol;p>&NewLine;<&sol;div>&NewLine;<p>&Tab;&Tab;&Tab;&Tab;<&excl;-- &num;post-footer--><&sol;p><&sol;div>&NewLine;

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