Nation’s first mayor-led guaranteed income initiative secures funding for six additional months of a monthly guaranteed income of $500 to selected recipients
Mayor Michael Tubbs today announced the extension of Stockton’s Economic Empowerment Demonstration (SEED), the nation’s first mayor-led guaranteed income initiative. In February 2019, SEED, a collaboration between the Office of Mayor Michael Tubbs, the Reinvent Stockton Foundation, the Economic Security Project, and the residents of Stockton, California, began giving 125 Stocktonians a guaranteed income of $500/month for 18 months. A result of a generous donation made by philanthropist Carol Tonan, the demonstration has now been extended to […]
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