In Los Angeles, they are implementing a new guaranteed income program.
It will send out $1,000 a month for three years to 1,000 residents.
Who qualifies in California?
The Universal Basic Income Program (UBI) will be a part of the 2021-2022 Fiscal Year budget. It has been approved by California’s Governor and Legislature. Additional details can be found here.
Guaranteed income programs have already been proven effective at reducing poverty. The payments are designed to improve the long-term well-being of families and take residents off “the edge of the fiscal cliff.”
In order to qualify, you must be over 18 years old and have a household income less than $56,000 as a single person or $96,000 for a family.