Austin, Texas is close to becoming the latest city to offer a guaranteed income pilot program.
The $1,000 monthly payments will go to eligible residents for one year.
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Who is eligible?
Austin City Council approved the guaranteed income pilot program in May. Now, they have expanded the program to offer monthly payments to another 135 families. The city of Austin is working with UpTogether, an organization that aims to help the community achieve success.
Participants will be considered eligible if they meet all of the criteria:
- Live within the city of Austin and Travis County limits
- Be at least 18 years old
- Have a household income at or below 60% of the area median family
- Did not receive funding through UpTogether’s previous 12-month pilot from March 2021-March 2022
Applicants must also meet one of the following critera:
- Moving from homelessness toward permanent housing
- Have a filed eviction
- Household has been behind on rent for two or more months over the past year
- Household has received a verbal or written notice of intent to evict or a threat to vacate by landlord or property manager at any time within the past three months due to nonpayment of rent
The organizers plan to select and onboard participants this month. Eligible households will receive their first payment in September.
Previous success in Austin
UpTogether led its own pilot program from March 2021 to March 2022 that granted 173 households the $1,000 monthly payments for one year. According to their reports:
- All the participants used the money for basic needs like rent or mortgage payments, utilities, food, clothing, household items and transportation
- 48% of the participants were able to reduce debt
- 39% of the participants increased their savings
- The employment rate among the participants increased from 56% to 67%