The Basic Income Program that will be given every month will help Black women in Georgia to pay their bills and reduce debt.
Basic Income Program In Georgia Is Giving Black Women $850 Monthly And Its Effectiveness Is Seen (Photo: Adobe Stock)
Basic Income Program in Georgia for Black Women
A Georgia Basic Income Program is providing low-income Black women with monthly payments in hopes it will assist them escape poverty. The evidence indicates that the Basic Income Program is working.
The Georgia Resilience and Opportunity Fund in Atlanta gives young Black women average payments of $850 monthly through the Basic Income Program. The Basic Income Program called in Her Hands program is one of many guaranteed income programs nationwide aimed at helping people afford their basic needs.
The basic income program was launched in 2022 and is providing payments to 650 black women over two years. The basic income program started with participants in Atlanta’s Old Fourth Ward, where Martin Luther King, Jr. was raised and later spoke in support of basic income.
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The effectiveness of the basic income program is that it helped many of its participants decrease their debts
45% of the participants of the basic income program said they used the money to clasp up on paying bills. Nearly 30% of the participants of the basic income program surveyed said they now had rainy day funds after enrolling in the basic income program, and 27% said they paid off their debts.
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