Providence guaranteed income experiment will give 110 families $500 a month for a year

Providence, RI – 10/21/20 – Providence Mayor Jorge Elorza spoke during a press conference at the Providence Public Safety Complex concerning the injury of a young man during a protest. (Lane Turner/Globe Staff) Reporter: (Ed Fitzgerald) Topic: (21RIvideo) PROVIDENCE – More than 100 low-income Providence residents will be guaranteed to receive $500 a month for a year under a new program unveiled Tuesday by Mayor Jorge Elorza.

Providence will be the first city in Rhode Island to pilot its own version of a guaranteed income program, a philanthropy-fueled experiment that dozens of other communities around the country are also exploring.

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