Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesEarnWeb3SquareMore
Trade
Spot
Buy and sell crypto with ease
Margin
Amplify your capital and maximize fund efficiency
Onchain
Going Onchain, without going Onchain!
Convert
Zero fees, no slippage
Explore
Launchhub
Gain the edge early and start winning
Copy
Copy elite trader with one click
Bots
Simple, fast, and reliable AI trading bot
Trade
USDT-M Futures
Futures settled in USDT
USDC-M Futures
Futures settled in USDC
Coin-M Futures
Futures settled in cryptocurrencies
Explore
Futures guide
A beginner-to-advanced journey in futures trading
Futures promotions
Generous rewards await
Overview
A variety of products to grow your assets
Simple Earn
Deposit and withdraw anytime to earn flexible returns with zero risk
On-chain Earn
Earn profits daily without risking principal
Structured Earn
Robust financial innovation to navigate market swings
VIP and Wealth Management
Premium services for smart wealth management
Loans
Flexible borrowing with high fund security
$4,500,000 To Be Handed Out With No Strings Attached As US Country Prepares To Launch Guaranteed Income Pilot Program: Report

$4,500,000 To Be Handed Out With No Strings Attached As US Country Prepares To Launch Guaranteed Income Pilot Program: Report

Daily HodlDaily Hodl2024/12/21 16:00
By:by Mark Emem

A Californian county is preparing to launch a multi-million dollar guaranteed income pilot program, according to a new report.

The Richmond Confidential says Contra Costa County has allocated funds for a guaranteed income pilot program giving up to $1,000 per month to 250 residents for a period of one and a half years.

The program, which could kick off by the end of 2025, will target homeless residents, young people transitioning from foster care, low-income households with young kids and newly released convicts.

Contra Costa County’s Board of Supervisors allocated funding for the guaranteed income pilot program last month.

The funding will be drawn from a countywide sales tax known as Measure X that was approved by voters in the 2020 general election. Revenue generated from a statewide criminal justice reform bill is also another source of the program’s funding.

Currently, Contra Costa County officials are fleshing out the program’s details including the selection and application processes of potential participants.

The report cites Measure X Community Advisory Board member Rachel Rosekind, who says the pilot program aims to transform lives.

“The idea is to really make a transformative investment in our residents. And so to think about all the different ways to do that in terms of how long, how much, who are we investing in.

We want to really uplift and change not just the lives of these residents, but the lives of their families, the fabric of their communities.”

Don't Miss a Beat – Subscribe to get email alerts delivered directly to your inbox

Check Price Action

Follow us on X , Facebook and Telegram

Surf The Daily Hodl Mix

Generated Image: Midjourney

0

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

PoolX: Locked for new tokens.
APR up to 10%. Always on, always get airdrop.
Lock now!