Los Angeles has just launched a Guaranteed Income Program that will select 1,000 residents to earn $ 1,000 over three years.
The no strings attached program will provide $ 1,000 to 1,000 Los Angeles residents each month for three calendar years through a debit card provided by the County.
To be eligible for the program, LA residents must be at least 18 years old, have a household income below $ 56,000 for one person or $ 96,000 for a household of four, and be financially affected by the pandemic.
Applicants must also live in a neighborhood where the median household income is not higher than that of the province.
Dozens of Residents Surrounded in South LA Apply for ‘Breathe: LA County’s Guaranteed Income Program’ – The State’s Ultimate Universal Basic Income Program
The program will provide $ 1,000 to 1,000 Los Angeles residents each month for three calendar years through a debit card provided by the County
To be eligible for the program, applicants must reside in a neighborhood where the median household income is not higher than the county
Application for the program, which launched on Thursday, will be open until April 13.
This is the last such program in California, last year LA county launched BIG: LEAP, will give $ 1,000 in cash to 3,200 households and Compton and Long Beach also launched similar programs over the last year.
Mayor Eric Garcetti at the time called it “the largest guaranteed basic income program anywhere in the United States of America.”
A version of the UBI program, which became popular with former Democratic presidential candidate Andrew Yang, has received more attention after the pandemic silenced millions of workers.
Cities across the country are trying pilot programs for guaranteed income, as researchers hope the results will give them a fuller picture of what happens when a variety of people are sent payments that guarantee a basic life.
Last October Chicago Mayor Lori Lightfoot announced the launch of a $ 31 million universal basic income pilot who would give $ 500 a month to low-income families.
Los Angeles County Board of Supervisors Chairman Holly Mitchell (pictured) said the program is an attempt to figure out how systemic poverty can be reduced by providing people with a minimum income
To qualify, residents must be at least 18, have a household income below $ 56,000 for one person or $ 96,000 for a household of four
In New York City, a pilot program was announced this summer that would provide payments of $ 1,250 to as many as 40 homeless people between the ages of 18 and 24 for two years – without strings attached.
Recipients can apply how they want their money, such as in incremental payments or in advance as cash, and have no limits on how they could spend it.
Los Angeles County Board of Supervisors Chairman Holly Mitchell, who formally opened the application period at Thursday’s launch event CBS Los Angeles the program is an attempt to figure out how they can reduce systemic poverty by providing people with a minimum income to care for their families.
“We all know what we have experienced over the last two years, a double pandemic, both public health and economically, and honestly, it has hit communities hardest that have already suffered and challenged to come from month to month,” he said. Mitchell.
Mitchell said funding for the program comes from the government and a number of foundations and that it will be overseen by the LA County Poverty Alleviation Initiative and a research team from the University of Pennsylvania’s Center for Guaranteed Income Research, which will investigate which long-term impact on the extra income has on the economic well-being of residents.
Since 2019, about 40 mayors have begun considering or successfully launching guaranteed income programs.
But critics warn of a potential downside, people who rely on fixed income may be discouraged from joining the staff.
In October, the National Federation of Independent Business reported that more than half of small businesses have problems filling jobs.
More than 40 cities in the US are launching guaranteed income schemes for their poorest residents
Tacoma, Washington – Growing Resilience in Tacoma (GRIT), will provide 100 families with a guaranteed income of $ 500 for one year. Families must live in Tacoma and earn less than $ 52,000 a year.
Saint Paul, Minnesota – People’s Prosperity Guaranteed Income Pilot will provide at least 150 Saint Paul families $ 500 per month as guaranteed income for up to 18 months.
Columbia, South Carolina The Columbia Life Improvement Monetary Boost (CLIMB) will provide 100 participants with a guaranteed income of $ 500 for 12 months. Participants will be selected from among a pool of Black Fathers in partnership with the Midlands Fatherhood Coalition.
Compton, California – The Compton Pledge will provide 800 city residents with a guaranteed income in amounts ranging from $ 300 to $ 600, for 24 months.
Newark, New Jersey – Mayor Ras J. Baraka announced the Newark Movement for Economic Equity, which will provide a group of 200 participants with $ 250 bi-weekly for two years and another group of 200 participants with $ 3000 four times over two years.
LA, California – Basic Income Guaranteed: LA Economic Assistance Pilot (BIG: LEAP) will provide 2,000 city residents with a guaranteed income of $ 1,000 for one year
Oakland, California – Oakland Resilient Families will provide 600 select Oakland families with a guaranteed income of $ 500 per month for at least 18 months. Families are randomly selected after completing an online application.
Long Beach, California – Mayor Robert Garcia has proposed a Guaranteed Income Program that will support artists who are financially affected by the COVID-19 pandemic and live in Long Beach.
Madison, Wisconsin – Mayor Satya Rhodes-Conway is working with local philanthropy donors to raise money for a soon-to-be announced pilot with guaranteed income that will serve families
Sacramento, California – The Sacramento Direct Investment Program (DIPS) gives 100 families in Sacramento County $ 300 each month for 24 months.
San Diego, California The Resilient Communities for Every Child initiative will provide a guaranteed income of $ 500 to 150 randomly selected participants for at least 24 months. Participants will be selected from zip codes in San Diego, CA & National City, CA that have been disproportionately affected by COVID-19 and poverty.
Denver, Colorado – The Denver Basic Income Project will provide homeless groups with guaranteed income from $ 50 to $ 6,500.
Baltimore, Maryland – Mayor Brandon Scott has named a steering committee to begin the process of designing a pilot with guaranteed income in Baltimore.
Chelsea, Massachusetts – As a way to support low-income families in Chelsea, MA, 2,040 families in the city will receive a guaranteed income of up to $ 400 for several months.
Source: Mayors for a Guaranteed Income
Los Angeles will pay 1,000 residents to receive $1,000 universal income over three years Source link Los Angeles will pay 1,000 residents to receive $1,000 universal income over three years