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  • A Canadian study gave $7,500 to homeless people. Here's how they spent it.

    A lump sum of $7,500 was handed out to people experience homelessness in Vancouver as an experiment. The results show that recipients benefitted by accessing stable housing faster and eventually achieving financial stability sooner, in addition to spending less money on alcohol, tobacco, and drugs.

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  • National bail fund to expand in the Deep South

    Since 2018, The Bail Project has turned $41 million in donated money into cash bail to free more than 15,500 people in dozens of cities from pretrial detention. The project grew out of the work of Bronx Defenders, which saw over a decade the people it bailed out nearly all showed up for court dates and most did not get into new trouble while out of jail. Now the Bail Project is expanding with new offices in four Southern states, a reflection of the region's high incarceration rates and racial disparities. In the campaign to end cash bail as a penalty for poverty, bail funds serve as a stopgap.

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  • The Atlanta BeltLine Wants to Prevent Displacement of Longtime Residents. Is it Too Late?

    The Legacy Resident Retention program is helping longtime homeowners remain in their homes despite rising taxes and property values in Atlanta, Georgia. The program aims to mitigate gentrification and displacement as a result of the Atlanta Beltline development and has helped 21 families by covering the cost of increased property taxes.

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  • Will This Impact Fund Save America's Music Venues?

    The Live Venue Recovery Fund offers a path for independent music operators to purchase their venue. The fund buys the properties, and collects rent, but are limited to a 12% return rate and the contract lays out a path and timeline of operator ownership. Any additional funds are donated to the National Independent Venue Association. Eligible venues must be seen as culturally significant to the community and vulnerable to redevelopment, as well as show strong financial statements from before COVID-19. The fund forgave a year of rent to some venues hurt by the pandemic, allowing them to get back on their feet.

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  • Cash payments spread from Congress to Stockton to Brazil — but notion of ‘universal basic income' far from reality

    Guaranteed income is gaining popularity across the world. In Stockton, California, monthly cash payments boosted mental and physical health and increased full-time employment levels. The idea has spread to dozens of other cities and a group, Mayors for a Guaranteed Income, is providing funding and guidance for leaders to enact similar programs in their cities.

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  • A collaboration of local orgs is working to boost minority-owned businesses in Kensington

    Four local organizations have teamed up to provide $15 million in loans for the Latinx community in the Kensington neighborhood of Philadelphia. The affordable loans have gone to affordable housing, small businesses, residential mortgages, and development projects.

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  • Why cities are experimenting with giving people cash payments

    Chelsea, Massachusetts, is supplementing its traditional welfare system with a guaranteed income. Cash payments will be provided to recipients who can spend them without any restrictions. Similar universal basic income programs across the country have shown significant positive outcomes that boosted incomes, as well as physical and mental health.

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  • New Leaf Project study shows one-time direct cash transfers positively impact the homeless

    The New Leaf project ran a controlled trial to test the power of direct cash transfers with people experiencing homelessness. Fifty people were given a one-time cash payment of $7,500, which roughly equaled the sum of government income assistance spread out across the year. The impact was measured over 12 months and found that people in the cash group moved into stable housing faster, spent fewer days homeless, and saved more money. The organization found the lump sum, rather than monthly increments, allowed people to make decisions about how they could move their lives forward aimed at stabilization.

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  • Child Tax Credit could help slash the country's poverty rate. How have similar programs worked?

    The Child Tax Credit included in the coronavirus relief package provides a guaranteed income for families with children. The merits of guaranteed income have been established in multiple countries as well as local programs in the United States. Results have shown that cash payments allow people to focus on whatever their basic needs are. Poverty rates in places like Alaska have dropped drastically due to cash payments from the government.

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  • Guaranteed Income in Jackson Designed By Black Moms for Black Moms, Showing Results for Black Moms

    Beneficiaries of a guaranteed income program in Mississippi have received monthly cash payments that they are free to spend however they need to. Known as Magnolia Mothers, the program has allowed mothers to pay off debt, invest in business, avoid predatory loans, and consider educational opportunities that can help increase their income and quality of life.

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