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A new fund seeks to close the racial wealth gap by helping Black families buy homes in metro Denver

Tatiana Flowers

February 23, 2022 |

The Colorado Sun |

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1500-3000 Words

Response Location: United States, Denver, Colorado

Black families that make less than $140,000 a year can qualify for down payment assistance to purchase a home in Denver. The Deerfield for Black Wealth is attempting to close the racial wealth gap that has remained pervasive due to a lack of generational wealth. Owning real estate creates housing stability as well as an increase in family wealth and opportunity, which leads to economic mobility.

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Turkey Bets on Green Card

Sevilay Nur Saraçlar

January 25, 2022 |

Inside Turkey |

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800-1500 Words

Response Location: Turkey, Antalya

A program in Turkey allows residents to recycle its waste, and in return, receive points that can be used to pay for goods or be withdrawn as cash from an ATM. When the Green Neighbor Card program launched in 2016, the first month saw residents turning in over 8,700 kilograms of waste. By 2020, it has grown to 200,000 kilograms a month. Some say the program has some flaws, but residents have earned 5.3 million liras since the program began.

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How expanded child tax credit aided these moms, changed economy

Nick Roll

January 19, 2022 |

The Christian Science Monitor |

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1500-3000 Words

Response Location: United States

As part of a COVID-19 pandemic relief bill, the federal government expanded the child tax credit and distributed the money in monthly cash payments rather than a lump sum when filing taxes. The expansion, which expired in 2022, also increased the per-child amount up to $3,600 annually. The concept of cash-payments trusts families to decide where the money is most needed. Data shows that many families were able to catch up on bills and take away the urgency of financial struggles, opening up space to tend to other physical and emotional needs involved in raising children.

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How $1,000 a Month in Guaranteed Income Is Helping N.Y.C. Mothers

Andy Newman

January 18, 2022 |

The New York Times |

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1500-3000 Words

Response Location: United States, New York, New York

Cash payments for mothers experiencing poverty in New York City have provided a security net, helping to fill in the gaps for food and baby supplies. The guaranteed income doesn’t come with any conditions, meaning mothers were able to spend the money any way they needed too.

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Black women in Martin Luther King Jr.'s neighborhood will soon receive monthly cash payments

Chabeli Carrazana

January 17, 2022 |

The 19th |

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1500-3000 Words

Response Location: United States, Atlanta, Georgia

A concept that was popularized by MLK Jr., guaranteed basic income, will be launching in his hometown of Atlanta. Monthly cash payments have proven to be beneficial to recipients in a number of pilot programs across the world. Qualifying recipients have seen increased employment opportunities, better health outcomes, and the ability to avoid predatory debt.

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When Reparations Grow from the Grassroots

Ray Levy Uyeda

November 15, 2021 |

Yes! Magazine |

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Over 3000 Words

Response Location: United States, Massachusetts

A racial justice nonprofit in Massachusetts is focusing on reparations, specifically to those experiencing racialized housing insecurity. The racial wealth gap in The United States stems from unequal access to land and home ownership, making it an important component of economic justice.

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One of the World's Poorest Countries Found a Better Way to Do Stimulus

Ted Alcorn

November 07, 2021 |

Bloomberg Businessweek |

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1500-3000 Words

Response Location: Togo

An all-digital system delivered monthly payments to millions of Togolese people in need during the coronavirus. The platform, built in two weeks, immediately verifies applicants’ eligibility and instantly sends a text message with electronic funds. The program’s rollout began with monthly stipends to in need around Lomé and has slowly expanded to other groups. Most recently, researchers used algorithms using satellite images to first identify impoverished communities based on their layout and housing materials and then used mobile phone data to identify the poorest individuals within those regions.

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Undocumented Workers Who Power New York's Economy Finally Get Pandemic Aid

Amy Yee

September 23, 2021 |

Bloomberg |

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800-1500 Words

Response Location: United States, New York

Thousands of undocumented immigrants who lost their jobs during the pandemic can now receive aid through New York's Excluded Workers Fund. The $2.1 billion fund is the largest of its kind and the result of 18 months of lobbying, protests, and campaigning by community groups. Approved applicants can qualify for $15,600 or $3,200, depending on their ability to prove New York residence, previous employment, and lost income. Applications and fund information is made available in 13 languages and partnerships with grassroots organizations has been critical to reaching people who are eligible to apply.

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Inside the Nation's Largest Guaranteed Income Experiment

Abby Vesoulis Abigail Abrams

September 16, 2021 |

Time Magazine |

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Over 3000 Words

Response Location: United States, Compton, California

A guaranteed income program is giving people the financial security to invest in themselves, avoid predatory loans, pay off debt, and improve their general quality of life. The lack of conditions on how the monthly cash payments should be utilized gives recipients the freedom to do what they need with the money.

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The Surprising Lives of Germany's 'Basic Income' Raffle Winners

Marjolein Koster Ties Gijzel

August 10, 2021 |

Reasons to be Cheerful |

Multi-Media |

1500-3000 Words

Response Location: Germany

A randomly selected group of lucky Germans are reaping the benefits of a guaranteed monthly income. An organization raffles off a year’s worth of guaranteed monthly income, allowing recipients to experience less stress, connect with their friends and family, and focus on work that interests them.

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