EddieJayonCrypto

 23 Dec 24

tl;dr

Contra Costa County in California is set to launch a guaranteed income pilot program, allocating funds to provide up to $1,000 per month to 250 residents for one and a half years. The program targets homeless individuals, young people transitioning from foster care, low-income households with young ...

Contra Costa County in California is launching a guaranteed income pilot program, providing up to $1,000 per month to 250 residents for one and a half years. The initiative targets homeless individuals, young people transitioning from foster care, low-income households with young children, and newly released convicts. Funding for the program comes from Measure X, a countywide sales tax approved by voters in the 2020 general election, as well as revenue from a statewide criminal justice reform bill.

Officials are finalizing details, including participant selection and application processes. The pilot program aims to make a transformative investment in residents and their communities.

A report by the Richmond Confidential revealed that Contra Costa County is preparing to launch a multi-million dollar guaranteed income pilot program. The initiative is set to give up to $1,000 per month to 250 residents for a period of one and a half years. The program will focus on homeless individuals, young people transitioning from foster care, low-income households with young children, and newly released convicts.

Funds for the program were allocated by Contra Costa County’s Board of Supervisors and will be drawn from Measure X, a countywide sales tax approved by voters in 2020, as well as revenue from a statewide criminal justice reform bill. The program's details, including participant selection and application processes, are currently being developed.

According to a Measure X Community Advisory Board member, the pilot program aims to bring about transformation in the lives of the residents and their communities.

Disclaimer

The opinions expressed by the writers at Grow My Bag are their own and do not reflect the official stance of Grow My Bag. The content provided on our site is not intended as investment advice, and Grow My Bag is not an investment advisor. We do not endorse buying or selling any cryptocurrencies or digital assets mentioned in our articles. High-risk investments in Bitcoin, cryptocurrencies, and digital assets require thorough due diligence, and all transfers and trades made are at your own risk. Grow My Bag is not responsible for any potential losses and participates in affiliate marketing.
 23 Dec 24
 23 Dec 24
 23 Dec 24