With demand for the $500 monthly payments expected to outstrip the $31.5 million in available cash, Chicago will hold a lottery to pick 5,000 participants in what Mayor Lori Lightfoot has touted as the nation’s largest universal basic income program.
Four months after the City Council agreed to use a chunk of federal pandemic relief money to provide the no-strings-attached cash assistance, the year-long test period finally may be getting off the ground.
