$4,000,000 in Free Money Up for Grabs As US Cities Launch New Guaranteed Income Programs

$4,000,000 in Free Money Up for Grabs As US Cities Launch New Guaranteed Income Programs

A pair of guaranteed income pilot programs are set to hand out $4 million to residents in two US cities with no strings attached.

A new guaranteed income pilot program will allow a group of residents in Boulder, Colorado to collect money for two years.

The city will be allocating $3 million in funds from its American Rescue Plan Act to distribute checks to 200 households.To qualify, participants must have an income between 30% and 60% of the median income for Boulder, and have been negatively affected by Covid-19 restrictions in some way, such as reduction in wages or income.Says the […]

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