Stimulus update: Michigan to send monthly payments of $528 to low-income small business owners in one day

Residents of Ann Arbor, Michigan, who applied to receive monthly payments of $528 under a program for low-income small business owners and entrepreneurs will see their next check in one day.

One hundred applicants were selected to participate in a two-year guaranteed income pilot program called Guaranteed Income to Grow Ann Arbor, led by the University of Michigan’s Poverty Solutions team.

Payments 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, confirmed to the Washington Examiner this week. The payments are slated to run through 2025.

“This guaranteed income pilot is about celebrating residents who do much to strengthen our community but are still struggling to make ends meet,” Seefeldt said last year.

CLICK HERE TO READ MORE FROM THE WASHINGTON EXAMINER

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