A new initiative is providing money directly to Madisonians to support basic needs, part of an experimental, yearlong guaranteed income program.
The Madison Forward Fund was founded on the premise that families deserve a basic level of income to pay for primary needs, and that those experiencing financial scarcity are best equipped to decide where their money should be spent.
The fund totals $930,000 and is paid for entirely by private donors, not taxpayer dollars.The program received 3,000 applications from Madison residents, and 155 families were randomly selected from that applicant pool to receive monthly payments of $500 for 12 months. […]
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