New Jersey residents will receive their next payment from a guaranteed income program in three days.
The payment, which is scheduled for July 1, will be worth $250, and it will be for 200 out of the 400 recipients of the Newark Movement for Economic Equity program.Half of the recipients receive smaller payments twice a month, while the other half of recipients receive larger payments once every six months, the Newark mayor's press secretary told the Washington Examiner.
"Formal results will be released by our research partner, the Center for Guaranteed Income Research at the University of Pennsylvania, in 2024. Participants complete detailed surveys twice a year that assesses their physical health, mental health, financial security, housing stability, and more," Callaghan continued.
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