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The results of the biggest study on guaranteed income programs are finally in

Chabeli Carrazana

July 22, 2024 |

The 19th |

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1500-3000 Words

Response Location: United States

One thousand people received $1,000 monthly payments with no strings attached for three years as part of a guaranteed income study led by the nonprofit lab OpenResearch. The participants were young, low-income Americans across Illinois and Texas, and the flexibility of the cash payments allowed them to spend more on their basic needs, have more time with their children, and improve their employment situations.

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The best plan to help refugees might also be the simplest

Jacob Kushner

June 23, 2024 |

Vox |

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Over 3000 Words

Response Location: Kenya, Nairobi

The nonprofit GiveDirectly provides refugees with cash to help them sustain themselves, focusing on those living in cities, as they’re less likely to receive the same assistance as humanitarian camps do. Nearly 1,200 people were given $925 to spend however they wanted — some opening bank accounts, others starting businesses — and reported they were able to nearly double their monthly income and after six months, 88% of recipients were earning more money than ever before.

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An experiment doled out money to homeless people in Denver, no strings attached. Here's what happened.

Jennifer Brown

June 19, 2024 |

The Colorado Sun |

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800-1500 Words

Response Location: United States, Denver, Colorado

The Denver Basic Income Project provided people experiencing homelessness with no-strings-attached monthly stipends that they could spend however they’d like. At the end of the pilot, twice as many participants were in stable housing, more of them were working full time, and the nights that participants spent in shelters decreased by half.

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Denver Basic Income Project shares results after one year of cash payments to homeless Denverites

Alexander Edwards

June 18, 2024 |

The Denver Gazette |

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800-1500 Words

Response Location: United States, Denver, Colorado

The Denver Basic Income Project has provided more than $9.4 million in no-strings-attached payments to over 800 people experiencing homelessness. The nonprofit gives participants monthly stipends that they can spend however they see fit. As a result, more participants are finding housing, building financial stability, and finding stable employment.

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Akamasoa: el modelo para reducir la pobreza mediante esfuerzos compartidos

Florencia Tuchin

May 31, 2024 |

Revista Haz |

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Over 3000 Words

Response Location: Argentina

La experiencia de urbanización comunitaria y la reduccion de pobreza iniciada en Madagascar por el sacerdote Pedro Opeka hace 35 años está siendo replicada en un pueblo de la Provincia de Buenos Aires, en Argentina. Se trabaja en tres pilares: trabajo, educación y vivienda digna como solución para salir de la pobreza extrema.

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How a $500 monthly stipend for families impacted children's grades and parents' sense of self

Darreonna Davis

April 18, 2024 |

The 19th |

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800-1500 Words

Response Location: United States, Cambridge, Massachusetts

A guaranteed income program in Cambridge, Massachusetts, provided 130 single caregivers who made below 80% of the local median income with $500 cash payments, no strings attached. The 18-month program, Cambridge Recurring Income for Success, helped participants increase their savings, cover emergencies, and spend more time with their children.

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In Georgia, a Basic Income Program's Success With Black Women Adds to Growing National Interest

Timothy Pratt

March 22, 2024 |

Capital & Main |

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800-1500 Words

Response Location: United States, Atlanta, Georgia

The “In Her Hands” program from The Georgia Resilience and Opportunity (GRO) Fund provides about $850 per month for two years to 654 women living below the federal poverty line with no strings attached. Guaranteed income programs like this fight poverty and help people see benefits like having access to funds to care for themselves and their children, pursue higher education, pay off debts and catch up or get ahead on bills.

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Young, educated and (trying not to be) broke — how some younger borrowers see Biden's SAVE plan

Lauren Gallup

February 28, 2024 |

Northwest Public Broadcasting |

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1500-3000 Words

Response Location: United States

The United States’ Saving on a Valuable Education plan bases enrolled borrowers’ student loan payments on their monthly discretionary income to help lower the rate. The federal government covers any interest above the minimum monthly payments, which can be as low as $0, and some of the debt will be forgiven.

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Can Baby Bonds Deliver on Promise to Close Rhode Island's Wealth Gap?

Nancy Lavin

February 10, 2024 |

Rhode Island Current |

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1500-3000 Words

Response Location: United States, Connecticut

Connecticut and several other East Coast states are implementing baby bond programs to help children in low-income families generate wealth. The programs create trust funds for babies born into families on public health insurance that are managed by the state until they turn 18.

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Money clubs help displaced Nigerians create their own safety nets

Zubaida Baba Ibrahim

January 23, 2024 |

The New Humanitarian (formerly IRIN) |

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1500-3000 Words

Response Location: Nigeria, Abuja

Women at displacement camps in Nigeria are using a traditional method of saving and loaning money called Adashe to provide each other with financial support. The women in the Adashe group pool their extra money into a collective fund and split it between group members on a monthly rotation.

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