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$500 Monthly Payments To Receive For Oakland Families Under Guaranteed Basic Income – Here’s How To Qualify

A guaranteed basic income pilot in California launched two phases of payments dedicated to Oakland Resilient Families. 
$500 Monthly Payments To Receive For Oakland Families Under Guaranteed Basic Income - Here's How To Qualify (PHOTO: The Us Sun)

A guaranteed basic income pilot in California launched two phases of payments dedicated to Oakland Resilient Families.

A guaranteed basic income pilot in California launched two phases of payments dedicated to Oakland Resilient Families. 

$500 Monthly Payments To Receive For Oakland Families Under Guaranteed Basic Income – Here’s How To Qualify (PHOTO: The Us Sun)

The Guaranteed Basic Income Pilot

In June 2021, was when they first launched the  guaranteed basic income pilot in California, while the other one accepted applications from October 20 to November 3 during that year. 300 participants were enrolled and entitled o receive $500 per month for 18 months. Moreover, an anonymous donation worth $ 1 million allows 300 families to receive the monthly payments for another six months, reports The Mercury News. Both will now receive money for at least through June.

How To Be Eligible?

The first phase of Oakland Resilient Families gave priority to people of color. However, the second phase expanded to all low-income residents. For instance, earnings must have been 138 percent or less than the federal poverty level. For a household of four, the maximum income allowed for families was $36,570. Furthermore, to qualify, eligible residents applying must have had at least one child in the household that’s 17 years old or below.

Until When Will The Program Last?

The future of Oakland Resilient Families is cloudy. Mayor Libby Schaaf, who launched the program, ran a drive that raised $ 6.7 million in private donations. An 80 percent funded the $500 monthly payments to an additional 300 residents.

While another donation saved the program, this might not be sustainable in the future, according to the local nonprofit UpTogether, which administers the basic income pilot. As of now, Oakland Resilient Families is set to end in June. Lastly. the new Mayor of the city is Sheng Thao, who was sworn into office in January and still waiting for the new mayor’s comment about the program.

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