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  • AutoTL;DR@lemmings.worldB
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    8 days ago

    This is the best summary I could come up with:


    Denver released the project’s one-year report on June 18, showing that 45% of participants secured their own house or apartment after receiving basic income for 10 months.

    “What is fundamentally different about our approach is the way that we start from a place of trust,” Mark Donovan, the project founder and executive director, said at a Tuesday press conference.

    Basic income puts low-income families on “an equal playing field,” Nick Pacheco, participant engagement coordinator, said at a press conference.

    Participants who received the lump sum $6,500 payment in addition to $500 a month could better build savings and make major life changes like signing a new lease or buying a car.

    Moriah Rodriguez, 38, was working as a youth developer for Denver Public Schools when she got hit by a car and suffered a traumatic brain injury.

    Rodriguez used the payments to fix her truck, transport her kids to school and work, buy new clothing, and secure a lifelong public housing voucher.


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