Who Can Benefit from a $10 Million Fund to Make $750 Monthly Payments?

A new guaranteed income plan will help close the economic divide in California’s Inland South.

The US Sun reports that new parents and ex-foster kids will receive up to $750 a month for 18 months, with no strings attached. The Inland SoCal Unified School District and the state will each contribute $10 million to this effort.

Innovative Guaranteed Income Program For Pregnant Women And Former Foster Youth In California’s Inland South

Riverside County pregnant women and former foster youth will receive $600 and $750 monthly stipends, respectively, in their first six months. Highly randomized candidate screening payments will begin in early 2024.

Guaranteed income programs and experimental housing lotteries reduce income inequality and provide creative economic solutions.

Guaranteed income programs and experimental housing lotteries reduce income inequality by providing financial support to everyone. Alaska’s Permanent Fund Dividend and New Jersey’s $1 homes show how creative economic solutions can alleviate poverty. Universal basic income is a potential solution.