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Oakland Launches Basic Income Pilot Program: $500 in Guaranteed Income to 600 Families

Wibbitz Top Stories
Wibbitz Top Stories
Oakland Launches Basic Income
Pilot Program: $500 in Guaranteed
Income to 600 Families.
On Tuesday, Mayor Libby Schaaf took
to Twitter to announce the launch of
“Oakland Resilient Families" in Oakland, California.
The pilot program will provide guaranteed income
to 600 families in the form of $500 a month. .
According to Schaaf, the program will span 18 months
and benefit Black, Indigenous and other people of color. .
In a video message, Schaaf said she believes
guaranteed income is the “most transformative policy”
to achieve their “vision” of a closed racial wealth gap. .
Our vision is an Oakland that has closed
the racial wealth gap and where all families
thrive, … we believe that guaranteed
income is the most transformative policy
to achieve this vision and whose time
has come. We believe poverty is not
personal failure, it is policy failure, Libby Schaaf, via 'Complex'.
“Oakland Resilient Families” will be open to all
residents, including undocumented people.
Households are eligible if they
have at least one child under
18 years old and are earning
at or below 50 percent of the
area's median income. .
300 spots in the program will be
reserved for “very-low-income families”
that earn $30,000 or less annually.