NYC migrant families could make up to $15K per year under controversial $53M pre-paid credit card program
By Social Links for Craig McCarthy and
Social Links for Emily Crane
Published Feb. 20, 2024, 6:12 p.m. ET
A family of four migrants with two children under age 17 could get $15,200 a year under the Big Apple’s controversial new $53 million program to dole out pre-paid credit cards to asylum seekers, The Post has learned.
Details of the Immediate Response Card initiative have been scant ever since The Post reported earlier this month that the city had inked the multi-million contract with New Jersey banking company Mobility Capital Finance to dish out the taxpayer funds to asylum seekers to help them buy food.
Facing scrutiny, the city’s department of Housing Preservation and Development (HPD) insisted Tuesday that the $53 million will both cover fees and other expenses for the bank — known as MoCaFi — as well as the cash being dished out to migrants as part of a one-year pilot program.
City officials gave The Post a breakdown chart of exactly how much asylum seeker families stand to receive under the program — ranging from $345 a month for a single migrant to $2,203 per month for a family of eight.
A family of three could receive $932 per month, while a family of four could net a $1,195 allowance per month to use at bodegas, grocery stores, supermarkets and convenience stores, according to the breakdown.
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https://nypost.com/2024/02/20/us-news/nyc-migrant-families-could-make-up-to-15k-per-year-under-controversial-53m-pre-paid-credit-card-program/