ATLANTA – Three hundred Atlanta residents will receive direct cash payments approved by city leaders and funded with taxpayer dollars. While the program has been approved by Atlanta City Council, there have been concerns over who controls the $ 2 million in taxpayer dollars.
“To provide eligible low and moderate income people with a monthly allowance of $ 500 per month for up to 12 months due to a memorandum of understanding,” said Amir Farokhi, district 2 city council member to the city council of ‘Atlanta at a meeting in October.
Mayor Keisha Lance Bottoms joins some 50 other mayors in the Mayors for a Guaranteed Income pilot program, or IMPACT. The program is a direct cash payment plan for those living on the margins. This could last up to 12 months or $ 6,000 in total. The money would not be a loan, but an investment by the city in the qualified resident.
âWho decided who won or who lost, who controls who gets what and what do we know afterwards? City Council member Howard Shook asked at the council meeting this week.
The city would set aside $ 2 million for the pilot program. The program, with some general administrative costs, will be managed by non-profit organizations. The $ 2 million will go to the Urban League of Greater Atlanta to launch the pilot program with an amount of $ 500,000 set up by IMPACT. The city will use two outside resources to administer the donations.
There is no contract with the city, so once the city turns over the $ 2 million, it will have no oversight, as Atlanta Assistant District Attorney Amber Robinson told council. municipal.
“We donate these funds. Because it is a donation rather than a contract for services, weâ¦ from a legislative point of view, are not allowed to dictate the use of donated funds,” Robinson said.
The diplomas are liberal. A family of four can earn up to $ 53,000 a year and still have money.
âIMPACT is another major step towards our vision of One Atlanta – a more equitable, affordable and resilient city,â said Mayor Keisha Lance Bottoms. “This pilot program is an innovative solution to the widespread economic insecurity and income inequality that exist across the country and it is a bold investment in our most underserved communities.”
For those interested, you can learn more on the IMPACT website at mayorsforagi.org.
Atlanta City Council also passed the Children’s Savings Account Program which will provide qualifying kindergarten children with a one-time deposit of $ 50 into a savings account for education-related expenses. The city will donate $ 2 million to Operation HOPE, Inc. to help establish this program.
âThe Children’s Savings Account program is an investment in our children, their families and the future of our city,â said Mayor Keisha Lance Bottoms. âI made this pledge during my campaign and am grateful for delivering it to families in Atlanta. By creating long-term kindergarten savings accounts, our administration is helping to strengthen the trajectory of students most in need of financial support to pursue their dreams of higher education. “
The goal is to provide seed money for students to save for college and help reduce long-term student debt.
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