As millions of people continue to feel the financial fallout from the coronavirus pandemic, two of the country’s largest cities are committing millions of dollars to help struggling families.
Los Angeles and Chicago are rolling out guaranteed basic income pilot programs that will provide monthly payments to low-income residents for one year. The Los Angeles program, called BIG: LEAP, will give 3,200 people $1,000 per month, and the Chicago initiative will provide $5,000 residents with $500 per month.
Recipients will be chosen at random.Applications for the Los Angeles Initiative closed Friday; Chicago is still hammering out details for its program. Both […]
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