Cities across the US are spinning up basic income trials at a rapid rate.
A total of $14.49 million will be handed out in new pilot programs to test just how effective it is to hand out money to people with low incomes.
Applications are now open in Ann Arbor, Michigan for a pilot that will give a total of $1.2 million to entrepreneurs, self-employed people, small businesses owners, gig workers and people with side hustles.
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One-hundred applicants will be randomly selected to receive $528 per month for two years, beginning in 2024.
Participants must earn a yearly income that’s at or below 225% of the federal poverty line.
The money was allocated by the Ann Arbor City Council using funds received from the federal
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