A small number of Alexandria, Virginia residents have been selected for a program that will give them $500 every month over the course of the next two years.
The program, titled Alexandria’s Recurring Income for Success and Equity, has selected 170 recipients to receive the monthly payments, all of whom are free to spend the money any way they like. Mayor Justin Wilson said the program was created with the intent of evolving how the city helps its residents who need financial support, according to a news release.
The city began notifying applicants that they had been randomly selected on Dec. 13. If one of these applicants withdraws from the program, however, the city's research partner, Abt Associates, will randomly select participants from the program's application pool to replace the withdrawn candidate, Mullen said.
Applications for the program opened on Oct. 31 and closed on Nov. 9. To have been eligible, applicants must have been residents of the city, 18 or older, and earn 50% or less of Alexandria’s area median income, which varies depending on the number of people in the applicant's household.For people with only one person in a household, the monthly income limit is $4,154, with the annual income limit at $49,890.
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