A brand new assured earnings pilot mission is gearing up for launch in Massachusetts.
The Somerville Assured Primary Earnings Program is a $1.8 million pilot mission designed at hand out $750 per thirty days for one yr to 200 households who’re in peril of dropping their properties.
Town is anticipated to attract funds from President Biden’s American Rescue Plan Act (ARPA), with the primary spherical of month-to-month funds set to start in July.
Town says it’ll proactively discover households with a historical past of housing instability to create a pool of members who can apply for this system.
“Assured earnings applications present unrestricted money funds on to susceptible residents to create higher monetary stability for these most in want.
Somerville’s program goes past that common purpose; it additionally particularly goals to help housing stability. The Metropolis’s program will serve a bunch of town’s lowest-income households who’re susceptible to dropping their housing…
This pilot program will likely be evaluated for its influence, efficacy, and future feasibility in partnership with the UMass Middle for Social Coverage and the Collins Middle. Outcomes will likely be shared with the general public and can inform future advocacy and any potential initiatives.”
Not less than 24 states throughout the US are launching numerous forms of fundamental earnings applications, with over $200 million allotted to see how direct money funds will help folks and households in want.
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