During the past few years, there have been numerous attempts made all around the country to implement a scheme that would guarantee a certain amount of money. In the near future, the Illinois Stability Investment for Family Housing program, which is one of these programs, will start providing financial assistance to families all around the state.
Families with children who are enrolled in Chicago public schools and who are having difficulty affording housing are eligible to participate in the program.
In order to provide assistance to families “who do not have a regular place to stay or are currently without a place to live,” the SIFH was established.
Due to the fact that the application deadline was at midnight on March 9, the option to sign up for this round of payments has already been exhausted. On the other hand, this particular offering has been referred to as a “pilot,” which implies that additional payments will be made in the future if the program is regarded to be successful.
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Up to 750 families in the state of Illinois are eligible to receive a one-time payment of $6,500 under this program. These additional 750 families will each receive $500. Following then, the impact of that support for the 1,500 families will be evaluated throughout the course of the subsequent months.
At the very latest, the money should be in the possession of the recipients by the 30th of June due to the fact that it will be distributed through direct deposit or Link card.
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Family members must be receiving state benefits through any of the following programs in order to be eligible for this round of payments: Supplemental Nutrition Assistance Program (SNAP), Temporary Assistance for Needy Families, State Food Assistance, or Victims of Trafficking, Torture, or Other Serious Crimes. Additionally, they must have at least one child attending public schools in Chicago.
The financing comes from a pot of thirteen million dollars that was previously set aside by the state of Illinois to span a period of three years.
According to Capitol News Illinois, the pilot program made its debut in 2023 and has already offered assistance to more than 1,125 families.
