Long Beach is launching a new guaranteed income program for 500 residents in the 90813 zip code.
According to Long Beach Mayor Robert Garcia, the new initiative will provide 500 residents with $500 in guaranteed income for a year.
“Our guaranteed income program will help single parents and families with direct assistance and basic needs in a community that has long struggled with poverty,” Garcia said in a statement. “The research collected from this pilot will help us build a national case for these programs across the country and our city.”
So who qualifies? The participants selected for the pilot program will mostly include single-parent households that earn under the poverty line.
Why the 90813 zip code? According to the mayor that zip code has the “highest concentrated area of family poverty.”
The city will start accepting applications later this summer.