Montgomery County Officials Approve $ 2 Million For Guaranteed Income Program – NBC4 Washington
Montgomery County Council on Tuesday approved funding to give 300 households $ 800 a month to try to lift them out of poverty.
The council unanimously voted to approve a special vote of almost $ 2 million for the Guaranteed Income Pilot Program. Through the program, households will receive funds for 24 months without any conditions.
âThe guaranteed income pilot program is a solution to help families lift themselves out of poverty permanently,â Council President Gabe Albornoz said in a statement. âHe honors a family’s resilience by placing their trust in their ability to make their own decisions about what is best for their future. The first of its kind in the state of Maryland, this program will help provide economic mobility to our most vulnerable residents and end generational poverty.
The Myer Foundation is part of the public-private partnership that will support the program and has contributed $ 1 million.
Arlington County and the City of Alexandria have announced similar programs. Supporters say results in other parts of the country show beneficiaries are more likely to get full-time jobs and manage health care needs, refuting the idea that a guaranteed income is a deterrent at work and an incitement to vice.
âPeople don’t have to worry about someone living on $ 800 a month and not working,â Montgomery County Manager Marc Elrich said earlier this year.
Planning is still underway to determine who will receive the money.