Inside the Nation’s Largest Guaranteed Income Experiment

From Abby Vesoulis, Abigail Abrams / TIME: A guaranteed income program is giving people the financial security to invest in themselves, avoid predatory loans, pay off debt, and improve their general quality of life. The lack of conditions on how the monthly cash payments should be utilized gives recipients the freedom to do what they need with the money.

Read the original story here.

Read more about universal basic income implementation.

Issue Areas:

Alternative Forms of Income, Poverty Reduction Measures, Universal Basic Income

Impact Areas:

Equity

Actors:

Government, Philanthropy and Social Impact Investors

Communities Served:

BIPOC Communities, Communities Experiencing Economic Hardship, Workers

Strategies:

Easing Economic Burdens for Individuals

Success Factors:

Addressing Underlying Issues, Attacking Root Causes, Eliminating Barriers, Empowering People, Meeting People Where They Are At, Providing Cash Instead Of Goods/Services

Geographic Region:

North America

Countries:

United States

Date:

September 16, 2021

More Resources:

Conversation with Donna Norton

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What one county agency is doing to keep its employees whole

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With no upfront costs, this innovative financing tool makes energy efficiency affordable to all

From Nate Berg / ENSIA: North Carolina’s Roanoke Electric Cooperative is helping members bring down energy costs. Because the energy costs in this area is due to a lack of energy efficiency, the cooperative offers tariffed on-billing to help homes...

Conversation with Gary Belkin

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From Frank Ntarindwa / The New Times: ‘Kigali’s “Car Free Day” not only boasts an increase in residents’ activity levels, it also creates a space for more knowledge and service sharing for health conditions including Malaria.’ Screenings for non-communicable diseases...