Austin joins at least 28 U.S. cities, like Los Angeles, Chicago and Pittsburgh, that have tried out some form of “guaranteed income” — financial assistance targeted at needy households.
The Austin City Council voted Thursday to launch a pilot program to give a small group of families $1,000 per month for a year to help them pay for household expenses and help offset the rising cost of housing in the city., our daily newsletter that keeps readers up to speed on the most essential Texas news.
Under a yearlong, $1 million pilot program that cleared a key Austin City Council vote Thursday, the city will send monthly checks of $1,000 to 85 needy households at risk of losing their homes — an attempt to insulate low-income residents from Austin’s increasingly expensive housing market and prevent more people from becoming homeless.
Austin joins at least 28 U.S. cities, like Los Angeles, Chicago and Pittsburgh, that have tried some form of guaranteed income. Locally, the idea came out of efforts to reworkHouston Mayor Sylvester Turner and San Antonio Mayor Ron NirenbergAustin officials are working out how exactly the program will work and which families will receive the money.
“I believe that we do need to invest in people and their basic needs, but I’m not sure that this is the right way today,” council member Alison Alter said at Thursday’s meeting before voting against the measure.
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