NEW JERSEY (PIX11) — Mayor Andre Sayegh and other city officials relaunched the Paterson Guaranteed Income Program on Friday.

Paterson will distribute $400 a month to 200 participants via a lottery system over a duration of 12 months. The program is designed to address the country’s wealth gap and help under-served communities reach greater financial stability.

The application period starts Friday and will run through Oct. 30. To learn more about the Paterson Guaranteed Income Program and how to apply, click here.

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Charline Charles is a digital journalist from Brooklyn who has covered local news along with culture and arts in the New York City area since 2019. She joined PIX11 News in 2022. See more of her work here.