‘There’s so much need:’ LA, Chicago launches the nation’s largest guaranteed basic income programs

‘There’s so much need:’ LA, Chicago launches the nation’s largest guaranteed basic income programs

While millions of Americans continue to feel the effects of the coronavirus pandemic, two of the country’s largest cities are committing millions of dollars to help struggling families.

Los Angeles and Chicago are both rolling out guaranteed low-income pilot programs that will provide monthly payments to low-income residents for a year. LA’s program, called BIG: LEAP, will give 3,200 people $ 1,000 a month, and Chicago’s initiative will give 5,000 residents $ 500 a month.

Recipients for both pilots will be selected at random.Applications for the Los Angeles initiative closed Friday, but Chicago is still hammering on details for its program. […]

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