Council Recap: Nothing Goes Further Than Cash

City Council approved a pilot program at its May 5 meeting to provide monthly payments of $1,000 to 85 households for an entire year. Once people are accepted into thepilot, they will not have to"prove" they still need the assistance, as many government-run financial aid programs normally require., a California nonprofit that will administer the program. The remaining funds, which were approved by Coun­cil as a rider to the fiscal 2022 budget, will go to qualifying families.

These programs are guided by two core principles: that poor people know best where to spend what money they have, and that their needs can change faster than traditional public assistance programs can keep up.

Guaranteed income programs have lofty goals, and though similar programs exist in about 50 American cities, they remain largely untested as a means of reducing poverty. Council's vote to create Austin's pilot was postponed from its April 21 meeting in part because of questions about how to assess its effectiveness; staff intends to work with the, a D.C.-based think tank, to evaluate the program's success.

CMs also raised concerns that Texas law may not allow a guaranteed income program that's not targeted to address specific public policy challenges that the city faces. Staff intends to focus on qualifying indicators to select participants, such as households facing eviction, utility customers who consistently miss payments, or people transitioning from homelessness into supportive housing.

Right now, all the data we have on UpTo­ge­ther's success comes from the nonprofit itself. At a press conference earlier in the day,, UpTogether's Southwest partnership director, said preliminary results from the St. David's Foundation pilot showed that all of the program's 125 participants used the money to pay for basic necessities like housing, food, clothes, and gas.

United States Latest News, United States Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Heat roll past 76ers 120-85 in Game 5, take 3-2 series leadJimmy Butler scored 23 points, Max Strus added 19 points and 10 rebounds, and the Miami Heat moved one win away from a trip to the Eastern Conference finals by topping the Philadelphia 76ers 120-85 on Tuesday night.
Source: 6abc - 🏆 250. / 63 Read more »

Heat roll past Sixers 120-85 in Game 5, take 3-2 series leadJimmy Butler scored 23 points, Max Strus added 19 points and 10 rebounds, and the Miami Heat moved one win away from a trip to the Eastern Conference finals by topping the Philadelphia 76ers 120-85 on Tuesday night.
Source: FOX29philly - 🏆 570. / 51 Read more »

Traffic detoured after crash, vehicle fire at Day Street/I-85A crash and vehicle fire is causing delays on Day Street near the entrance ramp to Interstate 85 northbound.
Source: wsfa12news - 🏆 338. / 59 Read more »

CBS News correspondent and Army veteran Richard Wagner dead at 85The news reporter — whose impressive career spanned over three decades — was best known for his coverage of the war in Vietnam.
Source: nypost - 🏆 91. / 67 Read more »

Silicon Valley Underwater: Tech Giants Lose $1 Trillion in Value in 3 DaysThe largest tech firms in the world have reportedly lost over $1 trillion in value over just three trading days. Microsoft, Amazon, Tesla, and Google all lost more than $100 billion in a few days, while Facebook lost $70 billion. Glorious!! Criminal thugs amassed wealth through illegal means 😁😍♾️ so glad it's happening to Facebook, I hope everyone knows how distrustful a company they are. Come on everybody leave Facebook, you know you want to Dot-com bust 2.0 in the works.
Source: BreitbartNews - 🏆 610. / 51 Read more »

Talos raises $105M to become the latest crypto unicorn valued at $1.3BCrypto firm Talos raises $105 million in its latest funding round, putting its value at $1.3 billion. The company aims to accelerate its expansion through Europe and Asia-Pacific in the near future.
Source: Cointelegraph - 🏆 562. / 51 Read more »