The City of Compton plans to launch a new two-year pilot program that aims to provide low-income residents with guaranteed income.
The new program called the Compton Pledge, will give 800 "pre-verified" Compton residents cash relief.
“I recognized that there’s a need for additional income, especially with the pandemic resulting in record high numbers of unemployment throughout the entire country,” Compton Mayor Aja Brown said in a statement. “This is a great opportunity to address inequalities for Black and brown people and also additional opportunities for upward mobility.”
According to CBS, private donors have contributed $2.5 million to the Fund for Guaranteed Income.
For more on the story click here.
Image via Getty