Guaranteed income experiments are popping up or expanding around the country, offering no-strings-attached temporary cash payments to low-income residents.
The programs are also intended to address racial, wealth or income inequalities. Guaranteed income was a proponent of the civil rights movement in the 1960s, backed by Martin Luther King Jr. to address racial income inequality.
Applicants must be older than 18 and are required to have been a Rochester resident for one year, with a household income at or below 185% of the Federal Poverty Level. The program will be financed by $2.2 million of the city’s American Rescue Plan Act funds.Harris County commissioners voted in favor of giving $500 each month for 18 months to up to 1,500 families living below 200% of the Federal Poverty Level – which is up to approximately $40,000 for a family of four.
The announcement states that the program aims to address systemic barriers to success faced by small entrepreneurial efforts – especially those led by people of color.This includes a "lack of access to capital and credit that is the result of longstanding racial wealth stripping and discriminatory lending practices," the announcement reads.
The city's latest campaign announced in May it has committed $22 million from the federal American Rescue Plan Act to provide assistance to all low-income Cambridge households that meet the requirements.
Argentina Últimas Noticias, Argentina Titulares
Similar News:También puedes leer noticias similares a ésta que hemos recopilado de otras fuentes de noticias.
Texas State, Round Rock ISD, ACC partner to address Texas teacher shortageThe partnership is designed to prepare, develop, hire and retain high-quality PK-12 teachers through a dual credit program between the three educational institutions.
Leer más »
North Texas crews, volunteers go to East Texas to help residents without power beat the heatMuch of Gregg County is without electricity after the severe weather that moved through East Texas Thursday night left thousands of residents without power.
Leer más »
Texas Senate passes new property tax billThe Texas Senate passed a property tax bill, which happened after a flurry of vetoes from Governor Abbott. Travis County Republican Party chairman Matt Mackowiak joined FOX 7 Austin's Mike Warren to discuss.
Leer más »
Texas tax fight: New Senate plan appears DOA after Abbott nears veto recordDays after Gov. Greg Abbott used his veto pen to force a compromise on a property tax cut, the Senate and House continued down different paths that show they...
Leer más »
New Texas law makes drunk drivers pay child support for killing parentsThose convicted of intoxication manslaughter will have to make payments until the victim's child turns 18 or graduates high school.
Leer más »