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Residents to Receive Guaranteed Income for a Year

Residents to Receive Guaranteed Income for a Year
  • Post category:news

Residents in a Southern state and city in the hundreds are going to receive a full year’s worth of assistance. This is following the approval of a new pilot program.

Residents – Mayors Guaranteed Income Pilot Program

There is a Mayors for a Guaranteed Income Pilot Program which is establishing by Atlanta Mayor Keisha Lance Bottoms. This information was in fact recently revealing in a press release. There is an Income Mobility Program for Atlanta Community Transformation which has been titled “I.M.P.A.C.T” Serving 300 Atlanta residents with monthly payments is program.

Being at least 18 years old is what the residents need to be. Also, live below 200% of the federal poverty line. Moreover, the participants that are within the program are going to be awarding $500 per month. It would be in guaranteed income for up to the full 12 months of its pilot period.

Urban League of Great Atlanta

The City of Atlanta, in order to launch the program, is going to donate $2 million to the local nonprofit organization. It would go to the Urban League of Greater Atlanta. Moreover, the league is receiving an additional $500,000 from the Mayors for a Guaranteed Income organization.

One Atlanta

“I.M.P.A.C.T. is really another important step toward our vision of One Atlanta. It is a more equitable, affordable, resilient city,” Mayor Bottoms said in the press release. “This pilot program is a unique solution to the ongoing and troubling economic insecurity. Plus, also income inequality does exist around the country. Moreover, it is a forward-thinking investment in our most underserved communities.”

There is also a Bottoms’ Child Savings Account Program which was approving by the Atlanta City Council. That was provided by legislative approval. It is a program that is designing to serve and thus supports Atlanta kindergartners from low-income households.

For more information, contact the I.M.P.A.C.T. program which can be found at mayorsforagi.org.

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