Roughly 3,200 households will receive $1,000 monthly direct cash transfers for a period of 12 months without conditions attached.
On Wednesday, a new L.A. initiative was launched which will provide assistance for around 3,000 residents in need, particularly those affected by the COVID-19 pandemic. L.A. mayor Eric Garcetti announced the launch of the application window for the “Basic Income Guaranteed: Los Angeles Economic Assistance Pilot,” (BIG: LEAP). The new program totaling nearly $40 million, will begin accepting applications Friday, October 29 until the window closes on November 7.
Successful applicants will receive $1,000 monthly, direct cash payments for 12 months, no strings attached. The initiative makes Los Angeles the largest city in the United States to launch a basic income program.
Proud to launch BIG:LEAP, the largest guaranteed basic income pilot program in the nation.
Through this pilot, more than 3,000 families who’ve experienced hardship due to the pandemic will receive critical economic relief with an unconditional $1,000/month for one year. pic.twitter.com/AB8gjYHcKl
— MayorOfLA (@MayorOfLA) October 27, 2021
“When Los Angeles puts its stamp on a transformational issue, we don’t follow — we lead, and we believe that BIG:LEAP will pay large dividends for health and stability across our city and light a fire across our nation,” said Mayor Eric Garcetti in a press release. “This program is a small but steady investment in a simple concept: When you provide resources to families that are struggling, it can give them the breathing room to realize goals that many of us are fortunate enough to take for granted: put food on the table and cover childcare with less stress, keep their children’s focus on education and pursue new opportunities with fewer worries about the day-to-day needs of their household.”
What is required to qualify for the basic income:
- Live in the City of Los Angeles,
- Be at least 18 years old,
- Have at least one dependent child OR be pregnant,
- Have experienced a medical or economic hardship related to COVID-19, and
- Have an income level at or below the federal poverty line.