Staff Reports
In just eight little days, a whole bunch of low-income entrepreneurs in the one and only Ann Arbor, Michigan, are set to start getting $528 a month as part of the Guaranteed Income to Grow Ann Arbor program. Yep, you heard that right! A hundred folks are gonna be rolling in the dough thanks to this new initiative.
Stimulus update: Michigan to send monthly payments of $528 to low-income small-business owners in eight days https://t.co/wleWiHItiJ https://t.co/wleWiHItiJ
— Washington Examiner (@dcexaminer) February 7, 2024
So, get this, this whole shebang is being run by the University of Michigan’s Poverty Solutions team. They’ve been on the grind, distributing those payments since January to folks who got selected ahead of time. Kristin Seefeldt, the bigwig over at Poverty Solutions, is saying that the cash will be going out on the 15th of every month – well, except for when it’s the weekend or a holiday, of course.
Now, hold on to your hats, because here’s the kicker: these lucky ducks could be anyone who’s rocking the entrepreneur lifestyle. Whether you’re an owner of a small business, a freelancer, or a gig worker, you could be in for a piece of the pie. But, here’s the catch, they had to get their applications in last year, and they had to be living in Ann Arbor, of course. Oh, and they had to be at least 18 years old and making an income that’s at or below 225% of the federal poverty line.
That’s right, folks – it looks like the University of Michigan is handing out dough to folks who own their own businesses and might need a little handout. But, hey, who’s paying for all this, you ask? That’s a great question! Look, no matter what those liberal media types tell you, money doesn’t grow on trees. Somebody’s gotta foot the bill for this whole shebang, and you can bet your bottom dollar it’s gonna be the hardworking taxpayers of Ann Arbor!
Well, there you have it, folks. Looks like some people are about to get a nice little boost to their bank accounts – all thanks to the good ol’ University of Michigan and their Poverty Solutions team. Who’s to say if this is gonna work out in the long run, but for now, those lucky entrepreneurs are in for a treat. And you can bet your boots that the taxpayers of Ann Arbor will be keeping a close eye on how their hard-earned money is being dished out!
