“The cost of child care is one of the biggest drivers of poverty in the United States alongside the cost of housing. Families are constantly forced to choose between paying rent, paying for child care, paying for basics.”
, a private family foundation based in New York City that works to solve social and community problems. The Bridge Project gave out $500 to $1000 to 100 pregnant women and new moms living in poverty and making less than $52,000 annually. This first round of participants was mostly based in Washington Heights, Inwood and Central Harlem, all neighborhoods in northern Manhattan. The women were randomly assigned a monetary amount and began receiving the money via debit card in July 2021.
“What we’re starting to see from research more broadly is that investments in the earliest years do actually have the biggest payoff,” Megha Agarwal, the executive director of the Monarch Foundation, toldThe Bridge Project opened their second round of applications on April 1 and will choose 500 women from neighborhoods in the South and Central Bronx.
The Bridge Project also hopes to determine how much money a month will help make a lasting impact for these families. Baker explains this money needs to be thought about in relation to cost of living. New York, for example, is a city that is already expensive to live in and, like much of the country, currently experiencing high inflation costs.
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