Illustration: Brendan Lynch/Axios For one year, Denver will provide 140 people experiencing homelessness $12,000 with no strings attached as part of a program testing universal basic income.
Why it matters: The experiment with guaranteed income is one of the more novel programs in the nation, but joins other major cities, including Chicago and Los Angeles, in an attempt to provide stability to people in vulnerable circumstances.
Driving the news: The Denver City Council this week approved using $2 million in American Rescue Plan Act money to provide monthly cash assistance. The money is paying for a contract with the […]
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