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:

With no upfront costs, this innovative financing tool makes energy efficiency affordable to all

From Nate Berg / ENSIA: North Carolina’s Roanoke Electric Cooperative is helping members bring down energy costs. Because the energy costs in this area is due to a lack of energy efficiency, the cooperative offers tariffed on-billing to help homes...

Resource-rich countries find it pays to pay landholders to protect their land

From Dimitri Selibas / ENSIA: Guatemala’s reforestation programs pay farmers to keep their lands forested instead of clearing them for farming. The annual $380 payment each participant receives for 5 to 10 years comes from the general taxes collected by...

Inside the Nation’s Largest Guaranteed Income Experiment

From Abby Vesoulis, Abigail Abrams / TIME: A guaranteed income program is giving people the financial security to invest in themselves, avoid predatory loans, pay off debt, and improve their general quality of life. The lack of conditions on how...

Conversation with Caroline Sinders

Caroline Sinders is a machine-learning-design researcher and artist. For the past few years, she has been examining the intersections of technology’s impact in society, interface design, artificial intelligence, abuse, and politics in digital, conversational spaces. Sinders is the founder of...

Evanston has an affordability problem – community land trusts can help

From Duncan Agnew / Evanston RoundTable: Through a land trust, Community Partners in Affordable Housing sells homes to buyers at a fixed cost while maintaining ownership of the land they’re built on, allowing those who wouldn’t otherwise be able to...

Conversation with Alexandra Goossens-Ishii

Alexandra Goossens-Ishii works as Programme Coordinator for environment, climate change & biodiversity for Soka Gakkai International (SGI), a community-based Buddhist organization that promotes peace, culture and education. Her work focuses on the UN processes related to the environment, climate change...