US City Handing $2,000,000 to Residents After New Guaranteed Income Plan Approved

US City Handing $2,000,000 to Residents After New Guaranteed Income Plan Approved


A new multi-million dollar guaranteed income program is reportedly launching in one US city to help survivors of domestic violence and foster youth.

The Los Angeles City Council has just allocated $2 million for the pilot program that aims to provide $1,000 monthly payments to qualifying participants for two years, reports ABC7.

LA council member Hugo Soto-Martinez, who led the effort with fellow LA council member Curren Price, says the new program is meant to build on the success of a previous basic income pilot program that provided 3,200 households living below the poverty level with $1,000 in cash each month for 12 months.

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Says Soto-Martinez,

“We are building on the success of that program with a new $2 million investment, and this next phase

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