Long Beach To Give Out $500 Per Month In Guaranteed Income To 500 Low-Income Residents

By CBSLA Staff, CBS Los Angeles:

LONG BEACH (CBSLA) – The city of Long Beach announced Wednesday that it has launched a guaranteed income pilot program for 500 of its residents.

Under the program, the 500 residents will each receive $500 a month for a year, Long Beach Mayor Robert Garcia said in a news release.

All the participants will be single-parent households, mostly single mothers, who earn under the poverty line.

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