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Pomona Offers Families $500 A Month In Guaranteed Income Pilot
A view of downtown Pomona.
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iStockphoto
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Topline:
The city of Pomona will give out $500 a month to selected families with children under 4 years old as part of a guaranteed income pilot.
What’s new: The pilot will select 250 families who will receive $500 a month for up to 18 months. Another 350 families will be part of a control group and receive $20 a month. The families will also get other services, like parenting help, financial coaching and career coaching. The results of the program will be studied by researchers at UCLA.
The backstory: Other cities in recent years, like El Monte and West Hollywood, have also launched guaranteed income pilots, as part of an effort to help residents with economic mobility.
Sponsored message
What’s next: Applications for the Pomona program open today, June 17. Eligible families will be selected by lottery, and the first payments will go out Aug. 26.
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