With $25 million, California launches first state-funded guaranteed income program

California is launching its first state-funded guaranteed income pilot programs, the California Department of Social Services announced Monday. The $25-million effort will send $600-$1200 checks to 1,975 Californians starting as soon as next summer.

The pilot program at seven sites including Los Angeles, San Francisco and Ventura County was approved by a unanimous legislature last July. The money distributed over 12-18 months targets expectant mothers and those aging out of foster care programs.

“I am proud to see my home state of California ushering in the promise of a guaranteed income to build financial resilience among our residents,” said the governor’s […]

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