Guaranteed income experiment for Black women aims to tackle racial wealth gap
“In the early months of this year, 650 Black women across Georgia — a demographic hit particularly hard by poverty — will get some of that help. Payments of $850 per month will roll out over the next two years in one of the biggest guaranteed income experiments in the country. Some participants in the $13 million initiative may receive lump sum payments totaling the same amount they would have received over two years. For now, the process of inviting and selecting participants is ongoing.
The program will run alongside Atlanta’s own basic income program which plans to serve about 300 residents that live below 200% of the federal poverty line. The initiative is currently working on making its first round of payments to the starting cohort of 25 participants, according to Mayor Keisha Lance Bottoms’ office.”