Austin, Texas Expands Guaranteed Income Program
A guaranteed income program in Austin, Texas is set to distribute a total of $1.3 million to individuals in need. The program, called the “Family Stabilization Grant Program,” will soon assist 135 households, according to local news station KXAN-TV.
How the Program Works
Specifics regarding the distribution of funds are still being determined. In its initial pilot phase from 2022 to 2023, the program provided $1,000 per month to low-income households with no conditions attached. Participants primarily used the money for housing expenses, leading to improved housing security.
Participant Outcomes
According to the Urban Institute, which conducted a study on the pilot program, employment levels remained relatively stable throughout the project. Of those who reported reducing their working hours, half used the additional time to acquire new skills while the other half took on caretaking responsibilities. Food security improved steadily over the course of the program, although some mental health measures returned to pre-enrollment levels by the end of the 12-month period.
Expanding Guaranteed Income Trials
Austin is not the only major city in Texas exploring guaranteed income initiatives. In Harris County, 1,928 households will receive $500 per month for a year and a half as part of a separate basic income trial.
Conclusion
The expansion of Austin’s guaranteed income program demonstrates a commitment to providing financial support to those in need. By distributing funds with no strings attached, participants have reported improvements in housing security and food stability while maintaining stable employment levels.
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