$500 Stimulus Payments To Arrive In Virginia In February 2023

$500 in stimulus payments will arrive in Virginia this February 2023. These payments are due to ARISE, the state’s Guaranteed Income Pilot Program, says Notheis.

Stimulus Payments

$500 worth of stimulus payments will arrive for the residents of Alexandria City in Virginia beginning in February 2023. The stimulus payments are due to ARISE or Alexandria Recurring Income for Success and Equity, the state’s Guaranteed Income Pilot Program. The stimulus payments will arrive in Alexandria, Virginia every month for two years. However, according to Julie Mullen, ARISE’s coordinator, only 170 recipients will be selected to receive these stimulus payments. If by February and all 170 recipients are not completed yet, there may be delays.

Application for ARISE have been open from October 31 to November 9, 2022. All recipients were randomly selected from all the applicants last December 13. Any recipient can pull out from the program and if so, a replacement will be selected. To be qualified, an applicant must make an income of 50% or below Alexandria’s median income that also depends on the size of their household. For a one-person household, applicants need to make less than $4,154 per month or $49,890 per year. For a two-person household, the income limitation is $4,746 per month or $56,950 per year.

What is ARISE?

According to Mayor Justin Wilson of Alexandria, ARISE is a program intended to aid the residents of Alexandria with their finances and develop the city’s financial assistance programs. Programs such as the Guaranteed Income Pilots have an impact on poverty and economic inequity. It lets the members of the program discover for themselves which financial strategies will help them the most, as reported by Notheis.