Virginia Capital’s Guaranteed Income Pilot Program Showing Signs of Success

Virginia Capital’s Guaranteed Income Pilot Program Showing Signs of Success

Richmond, Virginia A study has yielded mostly positive results on the initial phase of Richmond, Virginia’s guaranteed income program.

The University of Pennsylvania Center for Guaranteed Income Research recently released a report on the city’s first cohort of participants in its pilot guaranteed income program.

The program targets employed low-income residents who no longer qualify for federal assistance but struggle to make ends meet.Though the program is ongoing, the study covered its first cohort: 18 working individuals with at least one child living at home making more than $12.71 per hour, the “full-time wage federal benefits threshold,” according to the Guaranteed […]

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