Some Newarkers will get $500 a month - no strings attached - in pilot income program
Updated May 12, 9:33 AM;
Posted May 10, 8:20 PM
Newark resident Duwan Priester, at the podium, is among the first 30 participants in a guaranteed income program announced by Newark Mayor Ras Baraka on Monday. Steve Strunsky | NJ Advance Media For NJ.com
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Newark families and individuals will begin receiving cash payments worth $500 a month with no restrictions on how they spend the money, under a guaranteed income trial program addressing housing insecurity, Mayor Ras Baraka announced on Monday.
The program, known as the Newark Movement for Economic Equity, will begin paying an initial group of 30 recipients as soon as this week, followed by another 370 households this fall, for a total of 400 participants in the two-year program, which is being paid for through private contributions from foundations and individuals.
Starting this week, Duwan Priester will be among the 30 Newark residents to receive $6,000 a year of guaranteed income. Guaranteed income unconditionally gives monthly cash payments to direct individuals with no strings attached, no work requirements, and is rooted in the history of racial justice, Baraka said.
Priester says he plans to use the money to help pay for an apartment when he starts college in the fall. I m very grateful. I prayed for something to happen to make my dreams easier for me, he said at Monday s launch of the pilot program.
Newark joins a growing list of cities across the country to implement such a program to assist people below the poverty line or with inconsistent or no income. Newark s program will focus on providing assistance to housing insecure populations.
Some N.J. residents will get $500 a month – no strings attached – in pilot income program
Updated May 11, 2021;
Posted May 11, 2021
Newark resident Duwan Priester, at the podium, is among the first 30 participants in a guaranteed income program announced by Newark Mayor Ras Baraka on Monday. Steve Strunsky | NJ Advance Media For NJ.com
Facebook Share
Newark, N.J., families and individuals will begin receiving cash payments worth $500 a month with no restrictions on how they spend the money, under a guaranteed income trial program addressing housing insecurity, Mayor Ras Baraka announced on Monday.
The so-called Newark Movement for Economic Equity program will begin paying an initial group of 30 recipients as soon as this week, followed by another 370 households this fall, for a total of 400 participants in the two-year program, which is being paid through private contributions from foundations and individuals.
Starting this week, Duwan Priester will be among the 30 Newark residents to receive $6,000 a year of guaranteed income. Guaranteed income unconditionally gives monthly cash payments to direct individuals with no strings attached, no work requirements, and is rooted in the history of racial justice, Baraka said.
Priester says he plans to use the money to help pay for an apartment when he starts college in the fall. I m very grateful. I prayed for something to happen to make my dreams easier for me, he said at Monday s launch of the pilot program.
Newark joins a growing list of cities across the country to implement such a program to assist people below the poverty line or with inconsistent or no income. Newark s program will focus on providing assistance to housing insecure populations.