Expanded Guaranteed Income Program in California Gives Away $1.2 Million
Programs aimed at assisting financially struggling individuals and families are rapidly expanding throughout the United States. In California, a city is set to distribute over a million dollars in free money to families through an expanded guaranteed income program.
The Long Beach Pledge Guaranteed Income Pilot
The Long Beach Pledge Guaranteed Income Pilot is a one-year program with a budget of $1.2 million. Its primary focus is on families with children and multiple income earners who are living below the federal poverty level. The program specifically targets applicants residing in certain zip codes: 90802, 90804, 90805, 90806, or 90810.
Application Process and Funding
The application process for the expanded program began at the start of the year and will be open until January 24th. Selected families will receive monthly payments of $500 for one year. Funding for the program comes from the city’s homelessness emergency proclamation. In January of last year, the Long Beach City Council allocated $90 million to address the homelessness crisis.
A Preventative Measure Against Homelessness
City officials believe that investing in innovative solutions like the Long Beach Pledge helps prevent families from becoming homeless. Mayor Rex Richardson encourages all eligible residents to apply for financial support to meet their everyday needs.
The Current Program and Future Expansion
The Long Beach Pledge was initially launched in 2022 and currently provides $500 in monthly payments to 250 families living in the 90813 zip code. This first cohort of recipients consists of households with a single-income earner.
Hot Take: Providing Financial Support to Those in Need
A city in California is expanding its guaranteed income program, offering over a million dollars to families in need. The Long Beach Pledge Guaranteed Income Pilot aims to support families with children and multiple income earners living below the poverty level. The program provides $500 monthly payments to selected families for one year. The funding comes from the city’s homelessness emergency proclamation, demonstrating a commitment to preventing homelessness. By investing in innovative solutions like the Long Beach Pledge, officials hope to provide critical financial support to those most in need. Eligible residents are encouraged to apply and receive the necessary assistance for everyday necessities.
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