Grant Amount : $500

About

Residents of Cook County will soon be able to apply for a program that will send them $500 for two years. 

Cook County Board President Toni Preckwinkle and Cook County commissioners announced on Sept. 14 that the application window for the Cook County Promise Guaranteed Income Pilot program will be open from Oct. 6 through Oct. 21. 

The program will send monthly payments to 3,250 residents in the county. Payments are expected to start in December. To apply or for more information, visit:  www.engagecookcounty.com/promise. 

“With a $42 million investment, this two-year pilot is the largest publicly-funded guaranteed income initiative in American history and will provide thousands of our residents with a stable economic foundation – many for the first time in their lives,” President Preckwinkle said. 

“Cook County is proud to be leading the way for government in the American guaranteed income movement,” she said. “With this historic investment, we aim to show the nation what guaranteed income at scale can achieve.”

How do I Qualify?

Cook County, IL residents only

About the Grantor

Income Pilot Grant
Cook County
Decades of research shows that people spend cash benefits wisely, leading to more financial stability as well as improved physical, emotional and social outcomes. Yet, historically, both public and private institutions have been unwilling to directly invest in low- and moderate-income people without significant restrictions in place. This red tape is in place not because any evidence shows that it is necessary, but rather because our society does not trust that people with lower incomes have the character or ability to make good decisions for themselves.
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