New guaranteed income programs are launching in four states across the US.
A total of $18.745 million will be handed out to people and families with no strings attached in Georgia, Florida, Maryland and California.
[adinserter block="1"]The city of San Jose, California is rolling out a guaranteed income program geared toward addressing youth homelessness.
Organized by the Bill Wilson Center, a homeless and runaway children-focused non-profit, the program serves students of San José City College (SJCC).
In a new press release, the SJCC references a recent survey suggesting that a majority of California community college students have experienced housing, food, or transportation insecurity in the past year.
In Georgia, an expanding guaranteed income project will provide eligible women with $20,000 in free money for two years.
The In Her Hands program, launched by the Georgia Resilience and Opportunity Fund (GRO), gives out monthly checks for $700 to women in need to “narrow the racial wealth gap.”
In Her Hands has been in operation since 2022 in other locales, and is now expanding to the English Avenue and Vine City neighborhoods in Atlanta, Georgia.
[adinserter block="1"]In Florida, a non-profit organization established to develop a guaranteed income program is giving away hundreds of thousands of dollars to one of the most populous counties in the US.
Miami-based GI 305 is planning to give away $650 per month with no strings attached to 75 residents or workers living in six Miami-Dade neighborhoods including Allapattah, Liberty City, Little Haiti, Little Havana, Overtown and Wynwood, according to the project’s website.
And in Maryland, a total of $4 million will be given to eligible participants in Prince George’s County.
The no-strings-attached basic income pilot program was approved by the county’s council in April of this year as a measure to “help fight poverty and increase equity” in Prince George’s County.
Under the measure, 50 residents ages 18-24 and 125 residents ages 60 and above will receive a monthly stipend of $800 over a two-year period. According to Council Member Krystal Oriadha, the program will help ease the struggles of low-income families living in Prince George’s County.
Follow us on X, Facebook and TelegramDon't Miss a Beat – Subscribe to get email alerts delivered directly to your inbox
Disclaimer: Opinions expressed at The Daily Hodl are not investment advice. Investors should do their due diligence before making any high-risk investments in Bitcoin, cryptocurrency or digital assets. Please be advised that your transfers and trades are at your own risk, and any losses you may incur are your responsibility. The Daily Hodl does not recommend the buying or selling of any assets including cryptocurrencies, nor is The Daily Hodl an investment advisor. Please note that The Daily Hodl participates in affiliate marketing.
Generated Image: Midjourney
