PROVIDENCE — The city’s guaranteed income program saw more than 4,000 applicants for 110 spots, the city announced Wednesday, giving a preliminary look at the depth of need within the city.
Two weeks ago, low-income participants who were chosen at random began receiving $500 monthly payments. To qualify, those chosen needed to be making no more than 200% of the federal poverty level.
Announcing the first batch of data, the city revealed that the median monthly income for participants prior to receiving the program’s financial assistance was $913, or about $11,000 per year. Overall, 76% of participants are female and 61% […]
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