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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.
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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