Google is co-funding a $2.8 million guaranteed income pilot in California's Bay Area.
The program will give $12,000 over a year to 225 families to help them secure long-term housing.
AdvertisementAlphabet-owned Google is co-funding a pilot program that will give $2.8 million to 450 California families on the verge of homelessness to test whether the cash helps them secure long-term housing.
Google.org, the search giant's philanthropic arm, will help provide 225 families with $1,000 a month in guaranteed basic income for 12 months, on a rolling basis over five years.
Another 225 families will serve as a control group and receive $50 a month over the same period.
Persons:
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Organizations:
Google, Service, Business
Locations:
California's Bay, California