Chicago’s $42M guaranteed income program is using innovative tech to distribute funds

Chicago's $42M guaranteed income program is using innovative tech to distribute funds

As guaranteed income programs proceed to grow and payment thousands of families astir the country, Chicago’s Cook County unveiled the largest 1 yet : A $42 cardinal committedness for thousands of Chicago-area families.

The substantially-endowed Cook County Promise Guaranteed Income Pilot volition service 3,250 low-income families, each receiving $500 monthly currency payments for 24 months. It’s akin to galore different city-based escaped wealth programs , which scope anyplace from $200 to $2,000 a period for thousands of households, that connection a localized glimpse into what could beryllium accomplished with Universal Basic Income (UBI) . Studies of nonstop currency payments and […]

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