Illustration: Aïda Amer/Axios Mayor Mike Johnston cut funding for the Denver Basic Income Project , an experimental program that provides no-strings-attached cash to unhoused people in the city.
Why it matters: The lack of city support means the program’s future is in jeopardy, despite early results showing guaranteed income led to more housing and fewer people sleeping outdoors or in shelters.
Context: Over 800 people experiencing homelessness have received unconditional cash payments of up to $1,000 a month from the more than $10.5 million directed toward the program since its 2021 launch. After one year, findings showed 45% of […]
Full Post at www.axios.com