Guaranteed income: Google is giving recently homeless Bay Area families $1,000 a month. Will it help?

Guaranteed income: Google is giving recently homeless Bay Area families $1,000 a month. Will it help?

Google is giving hundreds of recently homeless families across the Bay Area $1,000 a month to see if the no-strings-attached payments can help keep a roof over their heads.

The program, part of the tech giant’s $1 billion pledge to combat the region’s housing crisis, is one of a growing number of “guaranteed income” pilots launched in recent years to determine whether unconditional payments can alleviate the Bay Area’s staggering wealth disparity.

Mountain View-based Google’s philanthropic arm — along with other corporate Silicon Valley charitable groups, such as the David and Lucile Packard Foundation and Sobrato Philanthropies — has also put […]

Leave a Reply

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.