Baltimore’s Guaranteed Income Pilot Program To Provide Young Parents Monthly Payments – CBS Baltimore

Baltimore’s Guaranteed Income Pilot Program To Provide Young Parents Monthly Payments – CBS Baltimore

BALTIMORE (WJZ) — Baltimore Mayor Brandon Scott on Wednesday announced the Baltimore Young Families Success Fund, the city’s guaranteed income pilot program.

The fund will provide 200 parents between 18- and 24-years-old with an unconditional cash payment of $1,000 per month over two years to provide financial stability, Scott’s office said.

READMORE: Baltimore Spending Board Approves $3.5M Settlement With Businesses Damaged In Wake Of Freddie Gray’s DeathThe largest has allocated $4.8 million in American Rescue Plan Act funding to be directly distributed to recipients.“Our Guaranteed Income pilot program will help combat the economic fallout from COVID-19 and assist young parents […]

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