Families being sent out $3,000 checks from new program – and thousands of dollars will be handed out for entire year
Families are receiving checks totaling thousands of dollars along with other regular payments planned for the entire year.
One hundred families in one Californian county will have already gotten a payment for $3,000.
Following that, these beneficiaries will receive an extra $1,000 per month for the following 12 months, with the amounts decreasing for the last six months.
It is a component of a recently formed United Way Bay Area initiative in Alameda County.
Last month, UWBA unveiled the first guaranteed basic income pilot program as part of its efforts to combat poverty in the Bay Area.
The first $3,000 payments were distributed to people who are having financial difficulties starting on November 15.
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The 100 families that received the funding were picked at random from the customer lists of the three SparkPoint locations in Alameda County.
SparkPoint assists families in managing their jobs, finances, and basic necessities.
In a press statement, UWBA CEO Keisha Browder said the initiative was started because research “led up to direct cash payments, an innovation proven to break the cycle of poverty.”
“The Bay Area is a place where many people thrive, while others struggle to survive,” she stated.
“By targeting support to these first 100 families, we want to understand how unconditional cash assistance offered alongside optional finance coaching services impact wellbeing and behavior.”
There is yet hope for those who do not reside in Alameda County or who do and have not benefited from this round of assistance.
“Our goal is to learn from this pilot program and replicate a successful effort across the Bay Area and beyond,” the chief executive officer stated.
While the optional financial coaching and planning support is intended to help instill sound economic skills, the immediate cash contribution is intended to help ease impending financial hardship.
DESPERATE NEED
According to UWBA, 116,630 persons in Alameda County alone are experiencing food insecurity.
In the region, more than 129,900 households struggle to pay for necessities like groceries and food, rent and energy bills, and transportation expenses.
However, other parts of the Bay Area are also having difficulties.
More than 27,700 low-income renter households in Contra Costa County lack access to affordable housing, and eviction rates are expected to equal or exceed yearly pre-pandemic levels.
While the average salary for locals is $119,136, the average family of four in San Francisco County needs $127,332 only to cover their basic expenses.
33,374 persons in San Mateo County have needed UWBA assistance, while over 27,000 children in Santa Clara County are food insecure.
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In the meanwhile, Indiana homeowners may qualify for a $300 grant to assist with their heating expenses.
This $300 credit might be given annually to those who meet the requirements, which would help them save money.
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