Posted 10/13/2023, 6:06:02 PM
St. Louis Launches $4.86 Million Basic Income Pilot for Low-Income Families
- St. Louis launching $4.86 million basic income pilot for 540 low-income residents with children
- Participants must have household income under 170% of federal poverty level
- Funding comes mostly from American Rescue Plan Act, additional $1M from Jack Dorsey
- St. Louis joins dozens of other US cities testing effectiveness of free money
- Signups just ended for similar pilots in Ann Arbor and Fairfax County distributing millions