Cambridge RISE To Expand Guaranteed Income of $500 Monthly To 2,000 Low-Income Families

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Cambridge RISE will expand a guaranteed income of $500 monthly to 2,000 low-income families.

Cambridge RISE
Cambridge RISE will expand a guaranteed income of $500 monthly to 2,000 low-income families. (Photo: WGBH)

Cambridge RISE Will Provide $500 Monthly Payments to 2,000 Eligible Families

Cambridge RISE was launched as a pilot program, which gave $500 monthly payments to 130 randomly single parents in 2021 to determine the impact it would have on several low-income families.

Following the end of the 18-month pilot of the Cambridge RISE, officials plan to expand the guaranteed income of $500 monthly to 2,000 low-income families for another 18 months through a new program, “Rise Up Cambridge,” especially after seeing the positive outcome of the pilot program.

The Cambridge RISE helped low-income families to pay their bills and make ends meet when it was first launched and will continue to provide relief to more beneficiaries, The Bay State Banner reported.

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Cambridge RISE To Support 2,000 Low-Income Families For 18 Months

The Cambridge officials were motivated to continue and expand the Cambridge RISE from 130 beneficiaries to 2,000 low-income families who will receive $500 monthly using the $22 million in funds from the American Rescue Plan Act (ARPA).

The 2,000 low-income families who will be eligible with the Rise Up Cambridge guaranteed income must make below 250% of the poverty line or almost $46,000 annually, and lower for families with only two members.

The applications for the new guaranteed income after Cambridge RISE will start in June.

READ ALSO: Guaranteed Income Program To Provide Relief To Low-Income Families

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