Data shows benefits of city’s universal basic income program

Data shows benefits of city's universal basic income program

A “no strings attached” cash program for people experiencing homelessness in Denver shows early promise, according to a report by the nonprofit Denver Basic Income Project .

In a six-month follow-up of participants, those receiving the most assistance tended to be more likely to have permanent housing and a full-time job.

Almost 850 participants who are experiencing homelessness either with or without shelter have received monthly cash deposits of varying amounts since November 2022. The project split up recipients into three groups: the first gets $1,000 per month for the year; the second gets $6,500 upfront and $500 per month for […]

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