Tag: guaranteed income

After 1 year, the Denver Basic Income Project finds significant improvements in housing outcomes

After 1 year, the Denver Basic Income Project finds significant improvements in housing outcomes

The Denver Basic Income Project released its findings after the first year of the program. This is the first project of its kind to examine the impact of guaranteed income on homelessness.

Project leaders partnered with the University of Denver’s Center for Housing and Homelessness and released the first year’s quantitative and qualitative findings on Tuesday.

In the first year, program participants reported using their funds to meet their immediate and basic needs. These needs include transportation, hygiene, groceries and clothing. Others focused on using the funds to pay bills, rent, debt, health care and car repairs. The Denver Basic Income […]

Victoria councillors vote to further explore the benefits of Universal Basic Income

Victoria councillors vote to further explore the benefits of Universal Basic Income

Last Thursday, Victoria City Councillors voted on whether or not to endorse the Union of BC Municipalitity’s (UBCM) resolution to explore a Universal Basic Income (UBI) in BC. Mayor Marianne Alto, who introduced the motion, acknowledged it was being brought forward as a followup to a resolution that the previous council had made in 2016.

The idea of a universal minimum level of income support for all Canadians was first recommended by the Croll Committee’s report in 1971. A strong case for guaranteed income in Canada was made again in the Macdonald Commission’s 1986 report and in several of its […]

Reparations for Slavery Remains a Tough Sell

Reparations for Slavery Remains a Tough Sell

Andre Baldwin, a 9th grader in Philadelphia, spoke at a reparations task force meeting in City Hall last month. Attempts at seeking reparation for slavery has been a non-starter in Congress.

Multiple states have introduced bills calling for further study or action.

Some localities have put programs in place, but these have become subject to pushback from lawsuits. More than 150 years have passed since slavery was abolished in the U.S., but the effort to grapple with its harms continues to this day. The idea of reparations — making financial amends — remains highly controversial, but multiple […]

Guaranteed Income Helps Move Almost 300 People Into Housing After One Year

Guaranteed Income Helps Move Almost 300 People Into Housing After One Year

The Denver Basic Income Project is happy with results showing that an unconditional monthly salary can move people out of homelessness and into stable housing. Evan Semón

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Hundreds of homeless residents have moved off the streets and into stable housing after receiving no-strings-attached monthly salaries of up to $1,000, according to the Denver Basic Income Project (DBIP).Nearly 300 of the 807 residents participating in the DBIP between late 2022 and early 2024 have landed housing, either rented or owned, after at least ten months in the program. The DBIP published these results and more data on Tuesday, June 18.In […]

Application period open for $500 stimulus check: here are all the details

Application period open for $500 stimulus check: here are all the details

Application period open for $500 stimulus check here are all the details Starting June 17, 2024, applications will open for a groundbreaking state stimulus check program in California , specifically designed for residents of Pomona. This program, known as the Pomona Household Universal Grant Program (Pomona HUG), offers a unique opportunity for eligible families, providing direct financial support during a crucial period in their lives.

The main goal of Pomona HUG is to provide financial assistance to families with young children , helping them navigate the financial challenges they may face. Specifically, the program targets parents or legal guardians of […]

Victoria councillors vote to further explore the benefits of Universal Basic Income

Victoria councillors vote to further explore the benefits of Universal Basic Income

The Union of BC Municipalities will bring the debate on UBI to its annual general meeting with the support of Victoria city councillors.

Sidney Coles, Local Journalism Initiative

June 17, 2024 Victoria City Hall. Photo: James MacDonald / Capital DailyThe idea of a Guaranteed Annual Income (GAI) is once again receiving attention from policymakers and decision-makers at local, provincial, and national levels.Last Thursday, Victoria City Councillors voted on whether or not to endorse the Union of BC Municipalitity’s (UBCM) resolution to explore a Universal Basic Income (UBI) in BC. Mayor Marianne Alto, who introduced the motion, acknowledged it was […]

Guaranteed basic income programs are being spread across the country

Guaranteed basic income programs are being spread across the country

Guaranteed basic income (GBI) programs have become a trend across the U.S. in recent years with more than 100 GBI pilots launched since 2018.

Fox News Digital last week spoke with Michael D. Tubbs, the president of an organization called Mayors for Guaranteed Income, to discuss why cities have been launching GBI pilots.

Then-mayor of Stockton, California, Tubbs launched the organization Mayors for Guaranteed Income after noticing a “lack of economic opportunity” in Stockton and abroad.Tubbs said considering the city of Stockton’s small size and limited budget, he knew a GBI program would not be feasible.On the other hand, Tubbs knew […]

Texas Plan To Give People $9,000 Stopped by Supreme Court

Texas Plan To Give People $9,000 Stopped by Supreme Court

Payments from a universal income scheme for poverty-stricken Houston residents has been halted over concerns it may be unconstitutional.

The Harris County Uplift guaranteed income pilot was intending to give selected low-income families living in high-poverty zip codes $500 for 18 months—$9,000 over the full term—with no requirement to pay it back.

Read more: Checking Account vs. Savings Account: Which is Best for You? The funds were intended to help reduce generational poverty , income volatility, housing instability, and improve self sufficiency among the 1,928 families who were selected for the program.But the scheme has, for now, been blocked by […]

Guaranteed basic income programs spread across the country: Is it coming to your city?

Guaranteed basic income programs spread across the country: Is it coming to your city?

Guaranteed basic income (GBI) programs have become a trend across the U.S. in recent years with more than 100 GBI pilots launched since 2018 .

Fox News Digital last week spoke with Michael D. Tubbs, the president of an organization called Mayors for Guaranteed Income, to discuss why cities have been launching GBI pilots.

Then-mayor of Stockton, California, Tubbs launched the organization Mayors for Guaranteed Income after noticing a "lack of economic opportunity" in Stockton and abroad.Tubbs said considering the city of Stockton’s small size and limited budget, he knew a GBI program would not be feasible. SAN FRANCISCO SUED OVER […]

ICICI Pru Guaranteed Income For Tomorrow Long Term

ICICI Pru Guaranteed Income For Tomorrow Long Term

You always want to ensure the well-being of your loved ones, even if you are not around. At the same time, you want to enjoy life to the fullest and ensure that all non-negotiable goals are taken care of.

Keeping this in mind, we present ICICI Pru Guaranteed Income For Tomorrow (Long-term). A protection and savings oriented life insurance plan with guaranteed¹ benefits to help you achieve your life’s financial goals. Bajaj Allianz Life Smart Protect Goal Key Features

Assured income¹ for 15/20/25/30 years: to help you save for your life goals like marriage, parenthood, children’s education or a peaceful […]