$2,700,000 To Be Given Away, No Strings Attached, As Google-Backed Guaranteed Income Pilot Prepares for Launch

$2,700,000 To Be Given Away, No Strings Attached, As Google-Backed Guaranteed Income Pilot Prepares for Launch

Tech giant Google is backing a new multi-million dollar guaranteed income project.

The pilot program, dubbed “It All Adds Up,” is preparing to give a total of $2.7 million to 225 families that are struggling with homelessness in San Francisco.

The five-year program will begin by giving $1,000 per month to each family for one year. “It takes four full-time minimum wage jobs to afford a two-bedroom apartment in San Francisco. In addition to rent, many families spend guaranteed income on basic necessities – and in doing so, they can begin to lift up and think beyond the day-to-day… Here […]

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