Philly giving low-income parents $500 monthly through guaranteed income program

Philly giving low-income parents $500 monthly through guaranteed income program

Philadelphia is among several U.S. cities to create guaranteed income programs that study how cash assistance affects well-being and employment status. The yearlong GROW program offers $500 monthly payments to 50 low-income parents and $50 monthly payments to 250 others. Monthly government payments of $500 are being given to 50 low-income Philadelphia residents over the next year as part of a study on how financial assistance impacts lives when no strings are attached to the money, city officials announced Friday.

The experimental program is one of several in the U.S. that aim to better understand the effects of offering guaranteed […]

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