City gave $1,000 a month to 135 families to spend however they choose

City gave $1,000 a month to 135 families to spend however they choose

Photo by: Shutterstock The city of Austin, Texas, helped provide a guaranteed income of $1,000 a month to 135 households for a one-year period. According to a new report prepared by the Urban Institute, most of the money went toward housing.

According to the report, nearly 60% of the money used in the UpTogether program was spent on housing, while 20% went to basic needs, 10% went to other bills, and the remainder was put into investments or given to help others.

The program enrolled low-income residents, many of whom reportedly were in areas with rapidly increasing rents. Despite living in […]

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