$500 Monthly Payments: Pomona, California Launches Guaranteed Income Program for 250 Low-Income Families

$500 Monthly Payments: Pomona, California Launches Guaranteed Income Program for 250 Low-Income Families

Pomona, California, low-income families will start getting $500 every month from August 26 through a new program called “guaranteed income.” This is part of a growing trend to give direct financial help to people who are not on welfare.

 

Pomona’s New Guaranteed Income Program Offers $500 Monthly Payments to Low-Income Families Starting August 26

According to The US Sun, starting Monday, August 26, families in Pomona, California, will get $500 each month through a new guaranteed income program. We want to help parents or guardians with low incomes who have kids younger than three. Out of the 600 people who applied, 250 will get $500 every month for 18 months. The other 350 people will be in a control group and get $20 each month. Both groups will take part in surveys by UCLA to study how the payments affect their lives.

 

To be eligible for the program, you need to live in Pomona, have a household income below 300% of the Federal Poverty Guidelines, and be a parent or guardian of a young child. Some people give you money and tell you not to worry about paying it back. You can use it however you want. This project is a part of a larger trend towards guaranteed income programs that give direct cash help without the usual welfare requirements.

$500 Monthly Payments: Pomona, California Launches Guaranteed Income Program for 250 Low-Income Families
Source (Google.com)

California’s Guaranteed Income Programs, Including Long Beach Pledge, Aim to Address Poverty and Economic Challenges

California also has other programs like this one. For example, the Long Beach Pledge Guaranteed Income Pilot began in 2022 to help people and companies that were badly affected by the pandemic. There are still arguments about how well these programs work, but they show that more and more people want a fixed income to help fight poverty and money problems.

 

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