In a groundbreaking initiative, approximately 100 homeless individuals in Los Angeles County and the San Francisco Bay Area were provided with $750 monthly for a year, requiring no strings attached. The initial six-month results of this study, exploring the impact of basic income and social support intervention, shed light on how recipients utilized this financial assistance.
The findings add to the growing body of evidence supporting the efficacy of basic-income plans. After six months, those who received the $750 monthly stipend were notably less likely to report being unsheltered. Moreover, they expressed a greater proximity to having enough money to […]
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