Denver Basic Income Project Started with Tesla [TSLA] Gains

By Mark Patrick Donovan

The Denver Basic Income Project is the first major effort in the US to study the impact of providing guaranteed income to individuals who are unhoused, as a means of accelerating the path toward stability. I founded and seeded this initiative with $500,000 in Tesla gains. We have already raised an additional $3.3M on top of this to provide unconditional basic income to our unhoused neighbors in Denver, accompanied by a rigorous RCT (Randomized Control Trial) run by DU’s Center for Housing and Homelessness Research. We don’t have to wait for the government to come […]

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