Concord has joined a growing list of Bay Area cities testing guaranteed income programs. The East Bay city’s model will provide 120 families with $500 a month for a year. More than 20 similar pilot programs have sprung up in the Bay Area in the last few years after more state and local officials allocated money to fund them. That has made California a hotbed for guaranteed income experiments. Advocates say that “no-strings attached” funding puts participants on a path to financial security because they often use the money to cover basic necessities, pay off debt, and build up savings. We’ll talk about the latest guaranteed income programs, what we’ve learned from the pilots, and how state support is changing local experiments.
Concord Launches Guaranteed Income Pilot As Programs Gain Traction In The Bay Area
(Aitor Diago via Getty Images)
Guests:
Natalie Foster, president and co-founder, Economic Security Project; senior fellow, The Aspen Institute Future of Work Initiative
Jessica Travenia, director, Richmond Rapid Response Fund. They are preparing to launch the Contra Costa chapter of the Abundant Birth Project, a guaranteed income pilot for pregnant moms.
Julia Quintero, ELEVATE Concord project manager, Monument Impact. They are a nonprofit organization that is administering a guaranteed income program in Concord
Amy Castro, associate professor of the School of Social Policy and Practice & co-founder and faculty director of the Center for Guaranteed Income Research, University of Pennsylvania
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