St. Louis’ $9K guaranteed income program is Missouri’s first

St. Louis' $9K guaranteed income program is Missouri's first

(The Center Square) – The city of St. Louis became Missouri’s first municipality to create a guaranteed basic income program when Mayor Tishaura Jones signed Board Bill 116 into law.

The bill gives authority to the city’s treasurer to negotiate and execute logistics contracts and permission to the comptroller for distributing $4 million in cash. Approximately 440 households meeting eligibility requirements will receive $500 per month for 18 months.

An additional $1 million will be used for benefits counselors and program administrators.Parents or legal guardians of youth under 18 who are city residents and had a negative financial impact due to […]

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