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☆ A boomer living on $1,680 Social Security and SNAP struggles to afford food: 'It has kept me very isolated.'
▼ + stars: | 2024-07-25 | by ( Allie Kelly | ) www.businessinsider.com time to read: +5 min

What's more, her $23 in SNAP doesn't go very far at the grocery store — maybe it covers a few packages of frozen vegetables, a carton of milk, and some chicken. AdvertisementShe relies on her Social Security for income — an amount that comes out to $1,680 a month, according to documents viewed by BI. AdvertisementOn her limited income, Rita said she can feel lonely. Are you living paycheck to paycheck on Social Security? Have you chosen to take Social Security early or delay benefits?

Persons: —, Rita hasn't, Rita, She's, it's, wouldn't, hadn't, she's Organizations: Service, SNAP, Business, Social, BI, Income, Northwestern Mutual, Social Security, Security Locations: Pekin , Illinois, Chicago, Pekin

☆ Philadelphia is experimenting with guaranteed income pilots for pregnant people and housing insecure families
▼ + stars: | 2024-07-23 | by ( Allie Kelly | ) www.businessinsider.com time to read: +7 min

Read previewPhiladelphia has joined the national guaranteed basic income wave — with a focus on pregnant people and families experiencing housing insecurity. AdvertisementPhilly Joy Bank hopes to improve birth outcomesThe Philly Joy Bank pilot will offer $1,000 a month for 18 months to pregnant people beginning in their second trimester. It is a partnership between the Philadelphia Department of Public Health and the Philadelphia City Fund — with funding coming from the city and various foundations. Guaranteed income programs like Philly Joy Bank "should be the standard, not the exception," Coaxum said. Participants will pay about 30% of their personal monthly income toward housing, then they will receive guaranteed income to cover any remaining balance.

Persons: —, ALICE, Nia Coaxum, It's, Coaxum, Dawn Benson, Benson, Noah Sheidlower Organizations: Service, Philly Joy Bank, Business, Nonprofit United, Philly, Bank, Health, Philadelphia Department of Public Health, Denver, Philadelphia Community Action, Philadelphia City Fund, Children's Hospital of Philadelphia, city's Department of Public Health, Philadelphia Housing Development Corporation, University of Pennsylvania, BI Locations: Philadelphia, Pennsylvania, America, Area, Chicago, San Antonio , New York City, Tioga, Cobbs

☆ A boomer living on $2,400 a month is waiting 8 years to collect maximum Social Security benefits, even though she's struggling to get by
▼ + stars: | 2024-07-19 | by ( Allie Kelly | ) www.businessinsider.com time to read: +5 min

However, the average $1,907 Social Security check often isn't enough for many boomers to afford basic necessities. But, according to the Social Security Administration, their benefits will be lower than if they waited until their official retirement age — which varies by birth year. But, while some extra money would help supplement her paycheck, she's confident in her choice to wait for Social Security. "If I can fight it out until full retirement age at 67, I can fight it out until I'm 70. Are you an older adult waiting to collect Social Security?

Persons: —, Diane Williams, I'm, Williams, doesn't, She's, I've Organizations: Service, Business, Social Security, Social, Social Security Administration, SNAP Locations: North Babylon, Long

☆ A boomer lives on $2,600 monthly from Social Security and his Walmart job: 'If I had $1 million, I don't know what I would do with it.'
▼ + stars: | 2024-07-14 | by ( Allie Kelly | ) www.businessinsider.com time to read: +4 min

He works two or three days a week at a Walmart warehouse and cashes his monthly Social Security check, which he said is enough to finance his "simple" lifestyle. AdvertisementHe lives in Finleyville, Pennsylvania, a town 45 minutes south of Pittsburgh and receives $1,022 a month in Social Security, according to documents viewed by BI. Some are living paycheck to paycheck on Social Security, which could start shrinking by 2030 . The paychecks help supplement this Social Security income, and he said the job keeps him active and social. Are you an older adult living on Social Security?

Persons: —, George Dziamniski, frugally, Dziamniski, doesn't Organizations: Service, Walmart, Social Security, Business, BI, Northwestern Mutual, Survey, SNAP, Medicare Locations: Finleyville , Pennsylvania, Pittsburgh, Finleyville

☆ Artists in New York got $1,000 monthly through a basic income program. One participant used the money to pay bills and afford healthcare.
▼ + stars: | 2024-07-12 | by ( Allie Kelly | ) www.businessinsider.com time to read: +7 min

Bunnell was a participant in Creatives Rebuild New York's guaranteed income program. Some of the guaranteed income participants lived in cities, while others lived in rural areas. Related storiesCreatives Rebuild New York's guaranteed income program joins over 100 similar pilots across the US aimed at reducing local poverty levels. The organization allocated $43.2 million total to the guaranteed income program and $61.6 million to the artist employment program. Courtesy of Jacinta BunnellHave you benefited from a guaranteed income program?

Persons: —, Jacinta Bunnell, Bunnell, Stavros Niarchos, Dr, Diana Pearce, Maura Cuffie, Peterson, Jacinta Bunnell Bunnell, I've, Jacinta Organizations: Service, Business, Mellon Foundation, Tides Center, Ford Foundation, Rebuild, New Locations: Stone Ridge , New York, Manhattan, New York, Northwest Brooklyn, Rebuild New York, York

☆ A California city is giving new parents $500 a month. It's one of a growing number of basic income pilots focused on families.
▼ + stars: | 2024-07-07 | by ( Allie Kelly | ) www.businessinsider.com time to read: +6 min

That's why city officials in Pomona, California — a city in LA county — are planning to offer guaranteed basic income to new parents. The basic income pilot — called Pomona Household Universal Grants Pilot Program — is run through the city and FORWARD, an organization that helps governments administer resources to their communities. Pomona's program mirrors over 100 basic income pilots across America. Basic income continues to face political and legal opposition across the US, and not all policymakers agree that cash payments are a sustainable approach to poverty. Have you benefited from a guaranteed basic income program?

Persons: —, Joe Biden's, Tim Sandoval, Sandoval, Louis, Luke Shaefer, Shaefer Organizations: Service, Business, Pomona Household, SNAP, University of California, Mayor, Child Tax, Infants, University of Michigan Locations: Pomona , California, LA, Pomona, America, Los Angeles, Baltimore, St, Marin County , California, Flint

☆ Baltimore gave young parents $1,000 a month. Participants used the money to pay bills and secure stable housing.
▼ + stars: | 2024-07-04 | by ( Allie Kelly | Noah Sheidlower | ) www.businessinsider.com time to read: +7 min

Read previewFor some Baltimore families, basic income helped pay the bills: rent, groceries, healthcare, childcare, and car payments. After one year of receiving payments, participants were more likely to have housing, higher household income, and a degree than the pilot's control group. Researchers primarily focused on participants' income, housing, employment, and education outcomes in the first year of the pilot. Related storiesThe Baltimore Young Families Success Fund randomly assigned eligible applicants to the participant group or a control group. She said the cash payments helped her family secure housing along with everyday expenses.

Persons: —, Baltimore Mayor Brandon Scott, Tazhane Jordan, Jordan, Ken Paxton, Louis, Scott Organizations: Service, Baltimore Young, Abt, Business, Baltimore Mayor, American, Texas, Baltimore Locations: Baltimore, GBI, Iowa, Arizona, Houston

☆ Baby boomers living on $1,000 a month in Social Security share their retirement experience: 'I never imagined being in this position.'
▼ + stars: | 2024-07-01 | by ( Allie Kelly | ) www.businessinsider.com time to read: +8 min

Additionally, he's 57 and his Social Security check won't kick in until he's at least 62. Related storiesDacus and Stephen live in Robinson, Illinois, on their combined monthly Social Security income of $2,140. Sometimes, she has to request an advance on their Social Security checks so they can pay for their meals or utilities. AdvertisementBabin said it's especially difficult for older adults to qualify for government assistance even if their Social Security income doesn't cover basic necessities. AdvertisementIn retirement, Hambrick thought she would be "traveling to new places and having fun with my husband."

Persons: —, Hambrick, Social Security Mary Dacus, Stephen, Dacus, we'll, Angela Babin, Babin, Hurricane Ida, doesn't Organizations: Service, Social Security, Business, Northwestern Mutual, Income, Alliance for Lifetime, Survey, Security, Social, Medicare, SNAP, Boomers Locations: Tulsa , Oklahoma, America, Robinson , Illinois, Houma , Louisiana, New Orleans, Florida

☆ Georgia gave low-income Black women $20,000 over 2 years. A participant said the money helped her afford day care and pay bills.
▼ + stars: | 2024-06-29 | by ( Allie Kelly | ) www.businessinsider.com time to read: +8 min

She's also a participant in Georgia's guaranteed basic income pilot called In Her Hands. Compared to non-participants, women receiving basic income were more able to afford bills and pay down debt. Many parents also spent some of their basic income on activities for their children, like summer camp or cheerleading dues. A basic income program providing $1,000 a month to pregnant Black women in San Francisco was sued last year. Have you benefited from a guaranteed basic income program?

Persons: —, Shamarra Woods, Woods, She's, GBI, It's, Georgia's Organizations: Service, Georgia Resilience, Opportunity Fund, Business, Ward, College Park, Republican Locations: Atlanta, Georgia, Clay, Randolph, Terrell, Mississippi, San Francisco, Vine City, Bankhead, Washington Park, Black, Connecticut

☆ A Gen Xer relocated from Austin to rural Arkansas thanks to a $16,000 mover incentive that helped pay his mortgage. Now he's enjoying the 'good, hometown living.'
▼ + stars: | 2024-06-28 | by ( Allie Kelly | ) www.businessinsider.com time to read: +4 min

Read previewA Papa Johns recently opened in Osceola, Arkansas — and Britt Lorino is thrilled about it. Despite raising their family in Austin, Lorino and his wife decided to settle in Mississippi County because of its mover incentives. Program leaders told BI that they have attracted 80 new homeowners since Work Here, Live Here launched in 2022. Their adult children still live in Austin, and Lorino said his son can't afford a home there. He isn't sure if he and his wife will live in Mississippi County forever, but they plan to stay for several years.

Persons: —, Papa Johns, Osceola , Arkansas —, Britt Lorino, Lorino, It's, everything's, Austin — Organizations: Service, Business, Big, Steel, US Steel, Big River Steel ., Midwest, Osceola Locations: Osceola , Arkansas, Osceola, Memphis, Austin, Mississippi County, Houston, Mississippi, Arkansas, Louisiana, Texas, Rural Mississippi County, there's, . Osceola

☆ 2 St. Louis residents are suing the city's basic income program in an attempt to halt what they call 'unconstitutional' $500 monthly payments to low-income families
▼ + stars: | 2024-06-26 | by ( Allie Kelly | Noah Sheidlower | ) www.businessinsider.com time to read: +6 min

Read previewAs St. Louis continues its guaranteed basic income pilot, two residents are suing to cut the program's funding. The plaintiffs, Greg Tumlin and Fred Hale, are both St. Louis residents. Adam Layne, the St. Louis city treasurer, previously told BI that St. Louis residents have primarily used their $500 a month to pay bills. BI reached out to the city of St. Louis and St. Louis Guaranteed Income for comment, but the parties did not respond by the time of publication. States like South Dakota, Arizona, and Iowa, Republican politicians have also brought basic income bans to the state legislature.

Persons: —, Louis, Greg Tumlin, Fred Hale, Tumlin, Adam Layne, Louis GBI, Joe Biden's, Jack Dorsey, St, Ken Paxton, Attorney Christian D Organizations: Service, Business, ARPA, BI, Texas Supreme, Attorney Locations: Missouri, state's, Louis, St, Texas, Harris, Harris County, Houston, States, South Dakota , Arizona, Iowa

☆ A peak boomer who lives on $1,100 monthly from Social Security struggles to afford food: 'I have to survive, I have no choice.'
▼ + stars: | 2024-06-23 | by ( Allie Kelly | ) www.businessinsider.com time to read: +5 min

Read previewAngela Babin lives in a mobile home in Houma, Louisiana — about 60 miles southwest of New Orleans. She lives on her Social Security income, which she first started receiving in 2008 after she had to retire early for medical reasons. AdvertisementEven with the Social Security check and some SNAP food benefits, Babin said it's difficult to afford groceries. Like the millions of other older Americans living on a fixed Social Security income, Babin said it's difficult to get by. Are you living paycheck to paycheck or on Social Security?

Persons: —, Angela Babin, haven't, Ida, she's, Babin, hasn't Organizations: Service, Business, Social, Social Security, Security, Survey, Women, SNAP Locations: Houma , Louisiana, New Orleans, Louisiana

☆ A Bay Area county gave low-income moms of color $1,000 a month. 2 years later, more families could put food on the table and afford stable housing.
▼ + stars: | 2024-06-21 | by ( Allie Kelly | Noah Sheidlower | ) www.businessinsider.com time to read: +7 min

With basic income, families had more housing and food securityUpTogether reported that basic income positively impacted participants' financial stability, well-being, and food and housing security. The percentage of participants with housing stability rose from 45% to 60%, while the participants reported an 8% decline in homelessness. More basic income programs are aimed at parentsMarin County's pilot isn't the only basic program to focus on low-income mothers. A basic income program in New Mexico also gave $500 a month to mixed-citizenship status immigrant families with children. Compared to federal safety nets like SNAP, Medicaid, or rental vouchers, basic income allows families more flexible spending.

Persons: —, Claudia Muralles, San Francisco Bay — Muralles, Muralles, UpTogether, Community Action Marin, Marin County's, Flint, Jesús Gerena, Marin, Gerena Organizations: Service, Marin County , California —, Business, UpTogether, Marin Community Foundation, Marin Housing, Community Action, Children, Child Tax, Local, Medicaid Locations: Marin County , California, San Francisco Bay, Marin, Marin County, America, Flint , Michigan, New Mexico, GBI

☆ Denver gave people experiencing homelessness $1,000 a month. A year later, nearly half of participants had housing.
▼ + stars: | 2024-06-19 | by ( Allie Kelly | Noah Sheidlower | ) www.businessinsider.com time to read: +9 min

That changed when Laws enrolled in The Denver Basic Income Project. Denver's basic income project helped participants secure housing and jobsDenver's report found that basic income primarily helped participants pay for immediate expenses — like transportation, hygiene, clothes, and groceries. Basic income puts low-income families on "an equal playing field," Nick Pacheco, participant engagement coordinator, said at a press conference. AdvertisementIndividuals who received the lump sum or $1,000 a month payments were more likely to find a stable, full-time job than before they received basic income. Basic income pilots can provide poverty solutionsAs the basic income pilot continues to be successful in cities like Denver, local leaders and economic security experts are looking to translate pilots into policy.

Persons: —, Laws, Mark Donovan, Nick Pacheco, Pacheco, Moriah Rodriguez, Rodriguez, Dia Broncucia, Justin Searls, Searls, Broncucia, Teri Olle, Donovan, he's, wouldn't Organizations: Service, Business, The, Income, Denver, Colorado Trust, SNAP, Denver Public Schools, Social, Economic Security Locations: Denver, The Denver, Colorado, California, New Mexico, Economic Security California, It's

☆ An Arkansas county doesn't want families to move. It's offering them up to $50,000 to build or renovate their homes.
▼ + stars: | 2024-06-18 | by ( Allie Kelly | ) www.businessinsider.com time to read: +5 min

And, the incentive program is only available to employees of specific companies, like steel producers River Steel, US Steel, and Atlas Tube. Mississippi County's incentive program is part of a recent wave of efforts across rural America to increase populations and local businesses. Related storiesFor Mississippi County, this growing housing demand has provided an opportunity to build their towns and cities. The housing incentive program offers a 10% forgivable loan on a new home construction with a maximum home cost of $500,000, meaning some families can receive up to a $50,000 housing credit. As more families move to or settle in Mississippi County, Scott expects it will have a positive effect on businesses, the school system, and public spaces.

Persons: —, Farmers Bank & Trust Randy Scott, Scott, You'll, you'll Organizations: Service, Business, Farmers Bank & Trust, Steel, US Steel Locations: Mississippi County , Arkansas, Rock, Tennessee, Blytheville, Osceola, Mississippi County, . Mississippi, America, Lincoln County , Kansas, Tulsa , Oklahoma, Columbus , Georgia, Midwest, Mississippi, Missouri , Alabama , Mississippi , Wisconsin , Michigan, Colorado, Ohio, Arkansas

☆ A retired couple gets $23 monthly from SNAP and uses credit cards to buy groceries. They worry about going hungry.
▼ + stars: | 2024-06-17 | by ( Allie Kelly | Madison Hoff | ) www.businessinsider.com time to read: +6 min

Dacus and her husband have to stick to a tight budget: their household only receives $23 a month from SNAP. But some struggling families, like Dacus', don't receive enough help, or their income is considered too high to receive any help at all. But $23 a month in food benefits isn't even close to affording what they need to eat. SNAP benefits don't always align with household needsAmerica's SNAP program provides low-income households with money to grocery shop, and the qualifying criteria is based on the federal poverty line. Yet, many households like Dacus' don't receive the maximum because their income isn't low enough.

Persons: —, Mary Dacus, graham, Stephen, creamer, Dacus, ALICEs, It's Organizations: Service, Foods, Business, Chicago —, Walmart, SNAP, of Labor, Pew Research Center, US Department of Agriculture, Women Locations: Robinson , Illinois, Chicago

Many forms of help are tied to the federal poverty line, which is calculated using a formula that has largely not been updated since the 1960s. The poverty line is calculated in an outdated wayThe current federal poverty line for the 48 contiguous states and Washington, DC, is $15,060 a year for one person, $20,440 for a family of two, and $31,200 for a family of four. Courtesy of Melissa HeddenMuch of the resistance to changing the federal poverty line could stem from the government's desire not to inflate the number of people in poverty overnight. AdvertisementRep. Kevin Mullin, a Democrat from California, has introduced legislation — called the Poverty Line Act— that would modernize the federal poverty line, taking into account actual costs of goods and how prices differ across regions. Do you make above the poverty line but not enough to meet your daily needs?

Persons: —, Jason Hopkins, Hopkins, he's, He's, doesn't, ALICE —, Nyx, Beth Jarosz, Kyle Ross, ALICE, Mollie Orshansky, Jarosz, Stephanie Hoopes, United For ALICE, they've, Melinda Binkley, Ryan Arbuckle, Louis, Oleg Parubin, Parubin, Melissa Hedden, Melissa, Ross, Biden, Kevin Mullin, Mullin, Michael Tubbs, Tubbs Organizations: Service, Business, America, Center for American Progress, Bureau of Labor Statistics, of Health, Human Services, Assistance, Women, Children, United For, SNAP, Bills, Senate Locations: Illinois, Washington, DC, Stillwater , Minnesota, St, Manhattan, Airbnbs, North Carolina, California, Stockon , California, Illinois —

☆ A boomer who lives on Social Security worries she won't get hired because she can't afford a car: 'I don't even have $1 in my wallet.'
▼ + stars: | 2024-06-14 | by ( Allie Kelly | ) www.businessinsider.com time to read: +6 min

They both live off her $1,625 monthly Social Security income, according to documents reviewed by BI. He's also 57 and not old enough to receive Social Security, which typically kicks in at 62. And, while over half of older adult households rely on Social Security, the fund could run out by 2030. Hambrick "doesn't care" what she does next because it's difficult to get hired as an older adult. AdvertisementAre you an older adult living paycheck to paycheck or on Social Security?

Persons: —, she's, Hambrick, hasn't, He's, ALICEs, — Hambrick, She's, There's Organizations: Service, Business, Social Security, BI, Income, Alliance for Lifetime, Survey, Social, Boeing, Medicaid Locations: Tulsa , Oklahoma

☆ 7 cities that pay people to move there, including one that offers up to $10,000 in cash to new residents
▼ + stars: | 2024-06-14 | by ( Jordan Pandy | Allie Kelly | ) www.businessinsider.com time to read: +1 min

Some US cities offer cash incentives to attract new residents, who are often remote workers. Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementMany Americans are leaving larger cities and states, especially on the coasts, for smaller spots across the US. This story is available exclusively to Business Insider subscribers.

Persons: — Organizations: Service, Business Locations: Midwest, California

☆ Why lifestyle creep can cause HIFIs to spend 'every cent they make,' according to a financial planner
▼ + stars: | 2024-06-06 | by ( Allie Kelly | ) www.businessinsider.com time to read: +4 min

Inflation and the rising cost of living in the US are partially to blame for HIFIs precarious financial situation. HIFIs' spending psychology comes from wanting to belongKnox said that there's often a disconnect between how much money HIFIs make and how much they can afford to spend. Much of HIFIs' spending psychology comes from wanting to belong, Knox said. People want to be able to afford the same clothes or concert tickets as their friends and family, so they keep spending money. AdvertisementSmall spending changes can boost future wealthMany people underestimate how much small spending changes can impact their overall wealth, Knox said.

Persons: —, HIFIs, Zers, Natasha Knox, Knox, there's Organizations: Service, DINKs, Sherwood News, Business, Financial, Bureau of Labor Statistics Locations: Sherwood

☆ A Texas HIFI couple made $200,000 last year. Their budget for vacations and restaurants keeps shrinking despite 'making more money than ever.'
▼ + stars: | 2024-06-05 | by ( Allie Kelly | ) www.businessinsider.com time to read: +5 min

But with the rising cost of living, Joe is apprehensive about the future. His experience echoes that of many HIFIs, a group of Americans who are defined as high income, financially insecure. Joe doesn't feel wealthy, despite a six-figure incomeRight before the pandemic, Joe estimates he and his wife made about $150,000 together. And, despite his household income, Joe doesn't feel wealthy. He doesn't feel like he's saved enough in his 401(k), and he worries his current spending will hurt his future.

Persons: —, Joe doesn't, Joe, we're, Zers, Gen Zers, Debra Kaplan, Kaplan, they're, We're Organizations: Service, Business, BI Locations: Austin

☆ An ALICE has $250,000 in student loan debt and left teaching for a stable job: 'There are many teaching college who are hungry and can't go to the doctor'
▼ + stars: | 2024-06-03 | by ( Allie Kelly | ) www.businessinsider.com time to read: +5 min

The 51-year-old has about $250,000 in student loan debt. Like 29% of US households, Pizza lives paycheck to paycheck, but her income is too high for most government assistance, per Census Bureau data and cost-of-living estimates analyzed by the nonprofit United Way. AdvertisementTeachers and adjunct professors are especially vulnerable to being ALICEs. Sixty percent of adjunct professors make less than $50,000 a year, despite most of them holding at least a master's degree, according to a 2022 report by The American Federation of Teachers that surveyed 1,900 adjunct professors across the US. "There are many teaching college who are hungry and can't go to the doctor," Pizza said in an email to Business Insider.

Persons: —, ALICE, Pizza, She's, Paul, she's, Joe Biden's Organizations: Service, Business, The American Federation of Teachers, BI, SNAP Locations: Twin Cities, St

☆ A boomer couple lives on Social Security and receives $23 a month from SNAP for food: 'How are we to survive?'
▼ + stars: | 2024-06-02 | by ( Allie Kelly | ) www.businessinsider.com time to read: +5 min

Dacus receives $854 a month, and her husband receives $1,286 a month, according to documents reviewed by Business Insider. Additionally, her household qualifies for $23 a month in SNAP benefits to buy food. "If we worked a 40-hour week from Monday through Friday with my income, it would come out to like $2 an hour," she said, comparing her Social Security income to a full-time work salary. And, if lawmakers don't intervene, the US Social Security fund is expected to dry out by the late 2030s. Sometimes, Dacus has to request an advance on her Social Security check to buy food because her SNAP benefits aren't enough.

Persons: —, Mary Dacus, Stephen, Dacus, ALICEs, — Dacus, we'll, Robinson Organizations: Service, Business, Income, Alliance for Lifetime, Survey, US Social Security, Medicare, SNAP, Social Security Locations: Robinson , Illinois, McDonald's, Blytheville , Arkansas, Dacus, Florida

☆ A DC basic income program is letting people choose the amount on their checks. A participant said $1,400 a month is what she needs to pay medical bills.
▼ + stars: | 2024-05-31 | by ( Allie Kelly | ) www.businessinsider.com time to read: +6 min

And since last fall, she's been a participant in a Washington DC-area guaranteed basic income program. With her husband's SSDI disability benefit, the couple lives on a fixed income of under $2,000 each month, which is separate from their guaranteed basic income. Basic income has alleviated some of her financial anxiety, but she said "it's still not enough" to feel stable. The basic income program Kelly participates in is one of over 100 pilots across the US. Have you benefitted from a guaranteed basic income program?

Persons: —, Deborah Ogarro Kelly, Kelly, she's, it's, GBI, hasn't, We've Organizations: Service, Washington DC, Business, SNAP, Economic Security, Community Foundation's Health Equity Fund, City, BI, Republican Locations: Washington, The City, City

☆ New Mexico experimented with a basic income program that gave $500 a month to immigrant families. They used the money to pay rent and secure jobs.
▼ + stars: | 2024-05-29 | by ( Allie Kelly | ) www.businessinsider.com time to read: +5 min

Read previewNew Mexico's basic income pilot set out to fill a gap in America's financial safety net: many immigrants aren't able to access help. New Mexico's program is among the first basic income programs to operate at the state level and to specifically serve immigrant households. AdvertisementThe pilot's success has also provided momentum for future basic income programs in the region. With basic income, participants saw improved employment and education outcomesThe New Mexico pilot served mixed-status households in 13 counties across the state. AdvertisementHave you benefitted from a guaranteed basic income program?

Persons: —, aren't, Marcela Díaz, Javier Rojo, Doña Ana County, I've, Rojo Organizations: Service, Business, Pueblo Unido, New, New Mexico Economic Relief, Un, Un Pueblo Unido, Children, New Mexico House Locations: New Mexico, Pueblo, Un Pueblo, Doña Ana

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