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The Denver Basic Income Project is a public-private partnership that seeks to provide up to $12,000 to homeless individuals to help up to 820 participants.
APPLICATIONS are now open for the Denver Basic Income Project, they tweeted.
The program was created by Mark Donovan and approved by the Denver, Colorado, council in early September.
Additionally, the program will offer up to $12,000 to homeless individuals based on a specific payment structure.
The project received $ 2 million from the Denver City Council and has continued to raise over $ 7 million for a total budget of $ 9 million.
We're building on research by examining the impact of providing direct cash assistance to individuals experiencing homelessness. @DenverGazette details our program & past studies here. #homelessness #basicincome #denver https://t.co/5cTNaR4yDV
— Denver Basic Income Project (@denverbip) October 14, 2022
The program is a private/public partnership supported by private foundations, individuals, and public funders.
Partnerships include the Colorado Department of Local Affairs and the City and County of Denver.
The payments will go out in multiple groups, and applications will be accepted through November 3.
Payment structure
The program will provide 820 unhoused individuals and families with cash payments for up to a year.
Those selected will be placed randomly into one of the following groups:
- 260 individuals will receive $6,500 upfront and another $500 per month over 11 months
- 260 individuals will receive $1,000 per month over 12 months
- 300 individuals will receive $50 per month over 12 months
Additionally, participants will be invited to consent to research activities during the yearlong project when they enroll.
The research will include surveys every six months and short bi-weekly text surveys asking about their health, well-being, housing stability, and financial well-being.
Participants may also be asked to complete interviews to share their experience with the program.
Who is eligible?
You must be at least 18 years of age and without stable housing to be eligible.
Denver defines this as being without “fixed, regular, and adequate nighttime residence.”
That includes:
- Living in cars, parks, public spaces, camping grounds, or hotels and motels
- Sharing housing because of economic hardship
- Living in emergency or transitional shelters
- Those whose nighttime residence is not meant for “regular sleeping accommodations.”
When will payments be received
The Denver Basic Income Project initially provided payments to 11 individuals in 2021 and sent cash to another 28 Denver residents in July.
The program launched two pilot projects in August 2021 and July 2022 to test the plan.
Based on the research, the program’s full launch will begin in November 2022, and participants will be selected and notified later this fall.
For updates, you can check out the program’s pilot page.
The Sun reveals monthly direct payments of $500 available to thousands of Americans.
Plus, eligibility for payments of up to $20,000 could change soon – see if you can claim the cash.
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