St. Louis is launching a program that seeks to help low-income families by providing them with $500 monthly payments for a year and a half
St. Louis is launching a program that seeks to help low-income families by providing them with $500 monthly payments for 18 months. The program is a signature priority for Mayor Tishaura Jones, who said Tuesday that the money will go to hundreds of city households, the St. Louis Post-Dispatch reported. She believes it will help rebuild neighborhoods and prevent the root causes of crime. “St. Louis’ guaranteed basic income will give hundreds of St.
Applications will be open between Oct. 23 and Nov. 1, and the city will start sending the money, on debit cards, in December. The concept isn't new. During the pandemic, the federal government temporarily expanded the child tax credit to send families up to $300 per month for each child. Researchers said it cut child poverty in half. Other cities already experimenting with guaranteed basic income include Baltimore; Chicago; Denver; Birmingham, Alabama; and Columbia, South Carolina.
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St. Louis launches program to pay $500 a month to lower-income residentsSt. Louis is launching a program that seeks to help low-income families by providing them with $500 monthly payments for a year and a half. The St. Louis Post-Dispatch reports that the program is a signature priority for Mayor Tishaura Jones, who said Tuesday that the money will go to hundreds of city households. Aldermen approved the program last year. The city will use $5 million in federal pandemic aid. St. Louis native Jack Dorsey, who co-founded Twitter and Square, is contributing $1 millio
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