Stimulus update: Michigan to start sending monthly payments of $528 to low-income small business owners in 23 days

Starting in January, monthly payments of $528 will be sent out to 100 entrepreneurs with low incomes in Ann Arbor, Michigan

The two-year guaranteed income pilot program, called Guaranteed Income to Grow Ann Arbor, is led by the University of Michigan’s Poverty Solutions team. The program has been allocated $1.6 million in federal American Rescue Plan Act funds.

One hundred participants were selected randomly from a pool of applicants of small business owners and entrepreneurs who demonstrated financial needs. 

The payments started going out in January, and they will be sent out on the 15th of each month, depending on when weekends or holidays fall, Kristin Seefeldt, the associate director of Poverty Solutions, told the Washington Examiner. The next payment will be sent out on Feb. 15, which is in 23 days. 

“This guaranteed income pilot is about celebrating residents who do much to
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