Can Monthly Cash Payments Make Our Economy More Equitable?

From Sonali Kolhatkar / Yes! Magazine: Guaranteed income programs aim to reduce poverty by providing cash to those in need with no strings attached. One of these programs in New York City, The Bridge Project, focuses on helping women of color who are mothers.

Read the original story here.

Issue Areas:

Alternative Forms of Income, Childcare, Poverty Reduction Measures, Universal Basic Income, Wellbeing Economics

Impact Areas:

Equity, Health and Wellness

Actors:

Nonprofit / NGO, Philanthropy and Social Impact Investors

Communities Served:

BIPOC Communities, Caregivers, Womxn

Strategies:

Changing Narratives, Easing Economic Burdens for Individuals

Success Factors:

Addressing Underlying Issues, Building Distribution Systems, Eliminating Barriers, Empowering People, Expanding Access, Help Rather Than Punishment, Meeting People Where They Are At, Providing Cash Instead Of Goods/Services

Geographic Region:

North America

Countries:

United States

Date:

February 11, 2022

More Resources:

How does a 4-day work week work in Singapore?

From Bruce Lim and Ronald Goh / Yahoo News: Businesses in Singapore are experimenting with 4-day work weeks, showing benefits for employees and employers. Read the original story here. Read other articles about employee-focused wellbeing initiatives.

...

How some low-income buyers can afford a home in pricey Seattle

From Josh Cohen / CrossCut: In Seattle, Homestead Community Land Trust and Habitat for Humanity Seattle-King County help low-income residents buy homes using a community land trust model. Residents who make under 80% of the local median income can purchase...

Conversation with Pedro Tarak

Pedro co-founded Sistema B in 2011 after decades of experience in cross-country dialogue and implementing solutions for social and environmental problems across Latin America and Europe. Sistema B is a global organization dedicated to new economies promoting the creation of...

Conversation with Yuliya Panfil

Yuliya Panfil is a senior fellow and director of New America Future of Land and Housing program. Prior to joining New America, Panfil worked at Omidyar Network, where she sourced and managed property rights investments, and as a land governance...

Conversation with Luisa Fernanda Bacca Benavides

Luisa Fernanda Bacca Benavides is a Colombian lawyer specializing in human rights. She has over seven years of experience within the United Nations system, where she has developed strategies to prevent internal displacement and protect the territorial rights of indigenous...

The Surprising Lives of Germany’s ‘Basic Income’ Raffle Winners

From Marjolein Koster, Ties Gijzel / Reasons to Be Cheerful: A randomly selected group of lucky Germans are reaping the benefits of a guaranteed monthly income. An organization raffles off a year’s worth of guaranteed monthly income, allowing recipients to...