Denver program scores $5 million, including taxpayer help, to extend no-strings cash payments to homeless people

DENVER — The Denver Basic Income Project will extend the no-strings-attached payments it provides to roughly 840 people for six months after funders — including the city — committed another $5 million to the initiative.

That money will go to people who are currently or formerly homeless, with payments resuming next month after a pause at the end of a recent phase, according to an announcement organizers plan to make Tuesday. The city of Denver’s 2024 budget earmarked $2 million out of unspent federal pandemic aid dollars for the Basic Income Project, matching an earlier contribution.

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