How much would an extra $5,400 a year mean to you? That’s what could be awarded to 100 single mothers in Montgomery thanks to a new guaranteed basic income program.
) - How much would an extra $5,400 a year mean to you? That’s what could be awarded to 100 single mothers in Montgomery thanks to a new guaranteed basic income program. It’s the first program of its kind in Montgomery , but guaranteed incomes have been discussed for decades.
For instance,shortly before his death. Montgomery City Councilman Oronde Mitchell says the time for such a program is now. “Why now? Why wait? That’s the mayor’s tactic. First of all, in our first term we focused on the city of Montgomery. The second term, we are focused on individuals in Montgomery,” he expressed. In addition to being a single mother, applicants must have a child 5-years-old or younger and an income below 130% of the federal poverty level—that’s just under $35,000 a year for a family of three. “The end goal is that we want to make sure that those participating families move from the level they are currently at,” Mitchell said., which offers more than just payments. It offers support services like financial management classes and benefits counseling in an effort to create long-term success that could feed back into the local economy. “Not only are we giving them money, but now we are teaching them how to spend, how to budget, and save money,” Mitchell explained.“I am all in,” Mitchell said. “Hopefully, the city council has the same enthusiasm as the mayor does, and we’re trying to do something that’s great for everyone because this year it could be 100, next year it could be 200.”Birmingham ran a similar program in 2022, andNot reading this story on the WSFA News App? Get news alerts FASTER and FREE in the
Guaranteed Basic Income Mustard Seed Project Single Mothers Simon Schuessler
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