Read previewA Boston guaranteed income program gave payments of nearly $600 a month for two years to 50 families. In August 2021, Camp Harbor View, in partnership with UpTogether, launched the Direct Cash Program, one of the largest privately funded US guaranteed income programs. AdvertisementTo be sure, short-term guaranteed income programs don't always set participants up for long-term financial success. Additionally, families reported a 23% decline in the risk of psychological distress, compared to an increase of 8% for families in the control group. About 45% of families saved enough for an emergency, compared to 14% of those not receiving monthly income.

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Persons: —, UpTogether, Sherene Blake, CHV, Boston — Organizations: Service, Business, Cambridge, Boston Locations: Camp Harbor, Boston, Cambridge, Rise, Dorchester, inequity