Stimulus UBI payments worth $500 set to go out to families in Oakland, California

Stimulus UBI payments worth $500 set to go out to families in Oakland, California

600 families will soon start to see stimulus UBI payments worth $500 per month in Oakland, California. This will happen with a program called Oakland Resilient Families, a guaranteed income pilot program in the city.

Guaranteed income programs are also known as UBI programs and work similarly to stimulus payments.

The difference between stimulus payments and UBI payments is that stimulus payments are a one time payment.UBI payments are recurring payments whether it happens weekly, monthly, or yearly.The Oakland Resilient Families website states that their goal is to “provide monthly cash payments directly to families, without limitations on how the money […]

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