Oakland announces guaranteed income program
Six hundred Oakland families will be part of one of the largest basic income pilot programs in the nation, Mayor Libby Schaaf announced Tuesday. Oakland Resilient Families, the name of the program, will provide $500 a month for at least 18 months to the families who can spend the money on anything they want to.
The money will go to Black, Indigenous and other people of color, also known as BIPOC. These groups have the greatest wealth disparities in Oakland. “Today begins our community engagement process,” Schaaf said at a news conference Tuesday morning.
Payments to families could begin as early as this spring after the community is informed about the program, families are screened for eligibility and selected.
Families will be selected randomly. Eligible families are those with income at or below 50 percent of the area median income, which is about $59,000 for a family of three.
Read more: https://eastbayexpress.com/oakland-announces-guaranteed-income-program/
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