Chicago’s $42 million guaranteed income program uses innovative technology to distribute funds 1 As Guaranteed Income programs continue to expand, benefiting thousands of families across the country, Cook County in Chicago unveiled its largest yet: a $42 million pledge to thousands of Chicago-area families.
The well-funded Cook County Promise Guaranteed Income Pilot will support 3,250 low-income families, each receiving $500 in cash each month for 24 months. It is similar to many other free money programs in cities, ranging from $200 to $2,000 per month for thousands of households, and offers a localized look at what Universal Basic Income (UBI) […]
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