Low-income families of color that reside in Oakland, CA, could receive a monthly financial boost for the next year and a half.
Oakland Mayor Libby Schaaf announced the city is launching a guaranteed income project that will give Black and Indigenous families $500 per month for 18 months. The payments will be unconditional and recipients can spend the money on whatever they choose.
“The poverty we all witness today is not a personal failure, it is a systems failure,” Schaaf said in a release. “Guaranteed income is one of the most promising tools for systems change, racial equity, and economic mobility we’ve seen in decades. I’m proud to work with such committed local partners to build a new system that can help undo centuries of economic and racial injustice, and point us all toward a more just society.”
The Oakland Resilient Families Program is a project targeting the city’s wealth disparities through a guaranteed income, where residents are given a set amount of cash per month or annually to supplement their income. The income will help build the income floor of families and allow them to save, pay bills, and purchase items to help make their lives easier.
read more here: https://www.blackenterprise.com/oakland-to-give-low-income-families-of-color-500-a-month-no-strings-attached/
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