New Orleans launches pilot guaranteed basic income program: $350 monthly for young people

New Orleans launches pilot guaranteed basic income program: $350 monthly for young people

New Orleans Mayor LaToya Cantrell speaks during a news conference at police headquarters on Feb. 2, 2022. PHOTO BY CHRIS GRANGER See original post here.

Mayor LaToya Cantrell’s administration has launched a new, privately funded program to provide monthly cash payments to a small group of New Orleans teenagers and young adults, part of a national pilot aimed at building a case for a guaranteed income. The program selected 125 residents ages 16 to 24, and at the end of April began paying each $350 per month for 10 months. Cantrell said the program is aimed at getting “much-needed, […]

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