The pilot project will offer hundreds of dollars per months in guaranteed income to Georgia’s poor Black women to help them improve their mental and financial health as well as reduce the disparity in wealth.

It program, called In Her HandsFor two years, it will provide $850 per month in cash with no strings to black women up to 650. The program, which will distribute more than $13m and launch early next year, is expected to become one of America’s largest guaranteed income programs.

The program is being led by the Georgia Resilience and Opportunity Fund. This coalition includes local elected officials and non-profits. It will also include those who reside in Atlanta and elsewhere in suburban and rural Georgia and are below or near the federal poverty level.

Participants will be able to see how these unconditional cash transfers impact their mental and financial health.

It is intentionally being started in Atlanta — a city with some of the most pronounced income inequality in the U.S. —And specifically in its Old Fourth Ward neighborhood, where Martin Luther King Jr. grew up and promoted the idea of a guaranteed income.

The median Black family in the U.S. owns $3,600 in wealth — about 2% of the $147,000 that the median white family ownsBased on 2019 research by the Institute for Policy Studies. Georgia is home to approximately 26% of Black women live in povertyThis is compared with 14% for white women.

Black women were also more affected by the COVID-19 epidemic and accompanying economic crisis than any other group. job lossAnd eviction. Black Americans in America have a greater share of the population. Higher rates of hospitalization and deathThe coronavirus is more common in white people than it is for blacks.

“Black women are among the most likely groups to experience cash shortfalls that make covering basic needs difficult. This isn’t the result of poor choices; it’s the result of pervasive economic insecurity that has the sharpest impacts on women and communities of color,” Hope Wollensack, executive director of the GRO Fund, said in a release. “Guaranteed income is a step toward creating a more just and equitable economy.”

Hope Wollensack (executive director, GRO Fund) speaks at the event.
Munir Meghjani

This idea, of guaranteeing income (or money that is free from conditions) to help improve the economic and other outcomes of low-income individuals, is not new. It’s been tested at large scale in countriesIndia, Kenya, and other countries with positive outcomes, such as improved nutrition and increased in FinlandRecipients of the grant reported an improvement in their well-being and health. GiveDirectly, the nonprofit co-leading the pilot in Georgia, ran the world’s largest and longest universal basic income experimentKenya

The United States has other projects that guarantee income. Other guaranteed income projects have shown promise in the U.S. Stockton, California, 125 people were sent $500 in cashFor a full year, each month. Researchers found that those who received cash had improved job prospects and mental health. They also used it to buy basic necessities.

Meanwhile, for a year, Magnolia Mother’s Trust in Mississippi gave $1,000 per month to Black momsIt made a big difference in the lives of many people, including Judith. You can also find it here. OaklandCalifornia’s current guaranteed income program offers $500 each month to 600 families with low incomes.

The U.S. government has released a 2019 federal report that found these facts nearly 40% of Americans would not be able to cover a $400 surprise expense.

This is why Rep. Ilhan Omar, D-Minn. introduced legislation this year that would create a federal guaranteed income programSend $1,200 per Month directly to Americans. In promoting the legislation, Omar pointed to the success of the government’s own experiment in giving cash to people: Millions of Americans received three rounds of stimulus checksDuring the pandemic. These were payments found to substantially alleviate economic hardshipThis helps people pay their bills and buy food. It may also help reduce depression and anxiety.

Source: HuffPost.com.

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