Sunday, 8 May 2022

Austin becomes the first Texas city to experiment with ‘guaranteed income’

Austin becomes the first Texas city to experiment with ‘guaranteed income’

Austin will be the first major Texas city to use local tax dollars to give cash to low-income families to keep them housed as the cost of living skyrockets in the capital city. Under a yearlong, $1 million pilot program that cleared a key Austin City Council vote Thursday, the city will send monthly checks of $1,000 to 85 needy households at risk of losing their homes — an attempt to insulate low-income residents from Austin’s increasingly expensive housing market and prevent more people from becoming homeless.
Read more: https://www.click2houston.com/news/texas/2022/05/05/austin-becomes-the-first-texas-city-to-experiment-with-guaranteed-income/?source=Snapzu

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