Stoney administration launches income pilot program for working families

Stoney administration launches income pilot program for working families
Under the program, 18 working families who no longer qualify for benefits assistance but still do not make a living wage will receive $500 a month for 24 months. (Source: NBC12)

RICHMOND, Va. (WWBT) - The Stoney administration, in partnership with the Robins Foundation, has launched the Richmond Resilience Initiative (RRI), a guaranteed income pilot program.

Under the program, 18 working families who no longer qualify for benefits assistance but still do not make a living wage will receive $500 a month for 24 months.

The program is part of a larger national movement to foster economic security in a data-driven, research-tested capacity and is modeled after successful pilots in cities like Stockton, California.

“The Richmond Resilience Initiative pilot will go far in both supporting hardworking families and providing the necessary data points to design policies that promote sustainable economic security and mobility,” Mayor Stoney said. “The pandemic has proven that for many families, $500 can be the difference between staying sheltered or losing your home, buying groceries or going hungry, and that degree of vulnerability is unacceptable.”

Mayor Stoney recently joined Mayors for Guaranteed Income, a coalition of more than 25 mayors committed to piloting universal income programs to promote economic empowerment.

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