While federal COVID-19 stimulus payments have largely ended, some U.S. states continue to provide financial assistance programs to support low-income residents.
These initiatives, often referred to as guaranteed income programs, provide regular monthly payments to help individuals and families meet essential needs like housing, food, and healthcare.
Although not available nationwide, several states have launched targeted programs that offer $500 or more each month. Here’s an overview of these state-led programs, their eligibility requirements, and how they operate.
State Programs Offering $500 Monthly Payments in 2024
California Guaranteed Income Initiatives
California has been a leader in exploring guaranteed income through various local programs aimed at reducing poverty and supporting economic stability. Here are some of the notable programs:
- Long Beach Pledge Program: This pilot program provides $500 monthly payments to 250 single-parent households in the 90813 zip code area of Long Beach. The one-year initiative supports families living at or below the poverty line, helping them cover essential expenses and improve economic stability.
- Elevate MV (Mountain View): Funded by the city of Mountain View, this two-year program offers $500 per month to eligible low-income families. It aims to help participants meet basic needs while exploring the impact of regular financial support on long-term economic outcomes.
- Sonoma County Pathway to Income Equity: Designed for low-income families with children, this program provides $500 monthly payments to 305 families for 24 months. Eligible participants must earn no more than 185% of the federal poverty level, focusing on improving economic outcomes and quality of life.
Growing Resilience in Tacoma, Washington
In Tacoma, Washington, the Growing Resilience program offers $500 per month to 110 randomly selected low-income families. This one-year initiative provides a financial cushion to help participants cover necessary expenses.
By studying the effects of this guaranteed income, the city hopes to understand how regular financial support impacts poverty and overall well-being.
New York City’s Bridge Project
New York City’s Bridge Project targets low-income mothers in specific neighborhoods. Eligible mothers receive $500 to $1,000 per month for three years to assist with child-rearing expenses.
Launched in 2021, the project focuses on improving the lives of mothers and children in economically disadvantaged areas by providing financial security and choice. The program also studies how guaranteed income affects family stability, aiming to inform future social support policies.
Learn, Earn, Achieve Program in Santa Fe, New Mexico
Santa Fe’s Learn, Earn, Achieve Program supports young adults aged 18 to 24 by providing $400 monthly payments for one year. This program is designed to help participants pursue education, develop skills, or find employment.
By offering financial assistance, Santa Fe hopes to empower young people to achieve greater financial independence and long-term success.
Fact Check: Federal $500 Monthly Stimulus Checks
There is no federally mandated $500 monthly stimulus check program in 2024. Many online sources misinterpret these state-level programs as nationwide initiatives.
In reality, these are independent state or city programs with limited eligibility. The U.S. federal government has not announced new nationwide stimulus checks for 2024.
To stay informed and avoid misinformation, verify information through official state websites or the Social Security Administration (SSA) for updates on available benefits.
Eligibility and How to Apply
Eligibility requirements vary by program, but generally include residency, income thresholds, and specific family or community criteria. Here’s how to apply and what to expect:
- Visit Official Program Websites: Each program operates independently, so check local government websites for application details and requirements.
- Verify Eligibility: Ensure you meet the specific income and residency requirements for the program in your area.
- Prepare Documentation: Most programs require proof of income, residency, and other identifying information.
- Submit Applications Promptly: Many of these initiatives are pilot programs with limited slots, so applying early is important.
States Currently Offering Monthly Payments in 2024
| State | Program | Monthly Payment | Duration |
|---|---|---|---|
| California | Long Beach Pledge | $500 | 12 months |
| California | Elevate MV | $500 | 24 months |
| California | Pathway to Income Equity | $500 | 24 months |
| Washington | Growing Resilience Tacoma | $500 | 12 months |
| New York | Bridge Project | $500–$1,000 | 36 months |
| New Mexico | Learn, Earn, Achieve Santa Fe | $400 | 12 months |
These programs reflect a growing interest in using guaranteed income as a tool to support economic stability and reduce poverty. However, they are still experimental and generally have limited slots.
