According to reports, Compton, CA, is set to launch a pilot program that guarantees an income for 800 residents for 2-years, with no strings attached. The residents will receive anywhere between $300 and $600; however, the payments' frequency will vary. Compton Pledge, as the program is named, is entirely funded by private donors. The organization, The Fund for Guaranteed Income, raised roughly $2.5 million and hopes to raise $8.1 million for the program.
A press release for the program stated: "The program will be rigorously evaluated by an independent research team, [...] Participant names will be kept anonymous, but preliminary findings will be reported at six-month intervals and a live data dashboard will be shared once disbursements begin."
Jamarah Hayner, co-director of the Compton Pledge, said, "There's just so much urgent need at this time, obviously, with everything people are going through as a family and certainly as a country, so Mayor Aja Brown made it a real priority to launch this program so that we can help a lot of those families in need and actually help advance a national conversation around guaranteed income."
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