CAMBRIDGE, Mass. (WBZ NewsRadio) — The city of Cambridge plans to launch a pilot program that would provide a guaranteed monthly income to residents in need.
The Guaranteed Income Pilot Initiative aims to address the growing economic divide and racial inequalities in Cambridge.
Mayor Sumbul Siddiqui said the program will provide $500 monthly payments to 120 single caretaker households with children under the age of 18.
“Our goal is to keep these families in Cambridge, surrounded by the community and our robust city benefits and programs,” Siddiqui said. “Every family deserves to thrive in Cambridge; every family deserves dignity.”
Starting in August, the 120 families selected to receive the money will get $500 a month for 18 months. The hope is that providing them with a guaranteed income will put them on a path to financial stability.
WBZ NewsRadio's Mike Macklin (@mikemacklinwbz) reports