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.
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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