Politics & Government
Oakland To Provide $500 A Month In Guaranteed Income To 600 BIPOC Families
The pilot program "Oakland Resilient Families" will give a guaranteed monthly income to a group of Black and Indigenous people in the City.
By CBS San Francisco Staff:
OAKLAND (KPIX 5) — The City of Oakland announced a pilot program Tuesday to give a small group of low-income people a guaranteed monthly income to see if it will improve their economic plight. The experiment is actually small in scale, but it addresses a problem faced by millions trying to survive in this economy.
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.
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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.
Read more at CBS San Francisco