Franklin Pierce
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NYC Launches $53 Million Program To Hand Out Pre-Paid Credit Cards To Migrant Families
Mayor Eric Adams’ administration will soon start handing out pre-paid credit cards to migrant families being put up in Big Apple hotels, The Post has learned.
The $53 million pilot program, run by the New Jersey company Mobility Capital Finance, will provide asylum seekers arriving at the Roosevelt Hotel with the city cash to help them buy food, according to city records.
It’ll start with a group of 500 migrant families in short-term hotel stays and will replace the current food service offered there, according to City Hall.
The cards can only be used at bodegas, grocery stores, supermarkets and convenience stores — and migrants must sign an affidavit swearing they will only spend the funds on food and baby supplies or they will be kicked out of the program.
The amount on each card will vary depending on the size of the family and whether any income is coming in, according to the details of the contract. A family of four, for instance, could be provided nearly $1,000 each month, which comes out to $35 per day for food. Cards will get refilled every 28 days.
NYC launches $53M program to hand out pre-paid credit cards to migrant families
The $53 million pilot program, run by the New Jersey company Mobility Capital Finance, will provide asylum seekers with the cards as they arrive at the Roosevelt Hotel, according to city records.
nypost.com