Louisville pilot program guarantees some young adults will receive basic income payments for one year

Louisville pilot program guarantees some young adults will receive basic income payments for one year

Guaranteed income aims to cover residents’ basic needs. The idea is to alleviate some financial burden so that they can focus on achieving stability. That can mean higher education, learning a trade and even saving up to break out of the paycheck-to-paycheck living cycle.

At a press conference on Friday, Louisville Mayor Greg Fischer announced the city is launching a pilot program that will provide some young adults with a basic income to give them a chance to explore different options and opportunities..

“The goal is to provide a foundation for young people transitioning to the working world, especially at a […]

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