ATLANTA – Qualifying Atlanta Residents Can Now Apply to Mayors for a Guaranteed Income Pilot Program or IMPACT
Three hundred Atlanta residents will receive direct cash payments approved by city leaders and funded with taxpayer dollars. While the program was approved by Atlanta City Council, there were 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 at the city council of ‘Atlanta at a meeting in October.
ATLANTA APPROVES PILOT PROGRAM OFFERING CASH PAYMENT TO FINANCIAL FAMILIES
Mayor Keisha Lance Bottoms joins around 50 other mayors in the program. It offers a plan of direct cash payments for those who live on the margin. 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.
“We seize this moment to realize Dr. Martin Luther King, Jr.’s vision to tackle economic security and pervasive poverty,” said Mayor Bottoms. âDr King said, ‘The curse of poverty has no justification in our time. In the spirit of Dr. King’s vision for the beloved community, the launch of the IMPACT program brings us one step closer to creating An Atlanta, an affordable, resilient and equitable Atlanta. Thanks to the Urban League of Greater Atlanta and the Mayors for Guaranteed Income for leading and joining us in this impactful work. “
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 $ 500,000 pilot program set up by IMPACT. The city will use two external resources to administer the donations.
“We are honored that Mayor Bottoms has chosen the Urban League of Greater Atlanta to facilitate IMPACT, a guaranteed income research program for residents of the city of Atlanta in need of a helping hand,” said said Nancy Flake Johnson, President and CEO of the Urban League of Greater. Atlanta. âThe timing couldn’t be more relevant for so many families affected by the COVID-19 pandemic. We are in an excellent position to partner with the mayor and the city based on our more than 100 year history of proven programs to empower Atlanta residents who have been marginalized. This initiative aligns with our new Financial Empowerment and Emergency Relief Center (FEERC) – an integrated framework for person-to-person economic mobility. It gives us another tool to help clients close their financial gaps and move towards financial independence. “
To learn more about the program or to apply, visit ulgacoaimpact.org.
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