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

Published February 13, 2024 1:58pm ET



Last month, monthly payments of $528 started being sent out to 100 entrepreneurs with low incomes in Ann Arbor, Michigan. The next payment is slated to go out in two days.

The two-year guaranteed income pilot program, called Guaranteed Income to Grow Ann Arbor, is led by the University of Michigan’s Poverty Solutions team. The payments started going out in January to selected applicants, and they 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, told the Washington Examiner.

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