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The Daily Hodl 2025-01-25 15:30:20

$10,125,000 Up for Grabs As Guaranteed Income Pilot Launches in Three New States: Report

$10,125,000 Up for Grabs As Guaranteed Income Pilot Launches in Three New States: Report

Millions of dollars will be handed out to hundreds of people as a New York-based guaranteed income program expands to three additional states, according to a new report. The Bridge Project will offer unconditional direct cash disbursements to mothers in Kentucky, Ohio and West Virginia over the next three years, reports the Charleston Gazette-Mail. The goal of the program, which initially launched four years ago, is to eliminate child poverty by offering cash to mothers living below a certain income level before and after giving birth. Five-hundred mothers in the three states will benefit from a total of $10.125 million that’s set to be disbursed over three years. Each participant in the guaranteed income program will get a one-time stipend of $1,125 which will be handed out during the prenatal stage. Thereafter participants will each receive a monthly payment of $750 for the first 15 months of the program. During the remaining 21 months of the guaranteed income program, participants will receive $375 per month. Another 750 people will also be compensated for taking part in interviews and participating in research surveys. To participate, applicants must at the time of the application be pregnant with the age of the pregnancy being 14 weeks or less. Applicants must be at least 18 years of age and must reside in West Virginia, Ohio and Kentucky. Applicants must also have an annual household income of below $44,000. The Bridge Project started in all five New York City boroughs and two other major cities in the state of New York – Buffalo and Rochester. Later, The Bridge Project expanded to Milwaukee, Wisconsin and Connecticut and is now headed to three more states. The Bridge Project is funded by the New York-based The Monarch Foundation, a private family foundation. Don't Miss a Beat – Subscribe to get email alerts delivered directly to your inbox Check Price Action Follow us on X , Facebook and Telegram Surf The Daily Hodl Mix Disclaimer: Opinions expressed at The Daily Hodl are not investment advice. Investors should do their due diligence before making any high-risk investments in Bitcoin, cryptocurrency or digital assets. Please be advised that your transfers and trades are at your own risk, and any losses you may incur are your responsibility. The Daily Hodl does not recommend the buying or selling of any cryptocurrencies or digital assets, nor is The Daily Hodl an investment advisor. Please note that The Daily Hodl participates in affiliate marketing. Generated Image: Midjourney The post $10,125,000 Up for Grabs As Guaranteed Income Pilot Launches in Three New States: Report appeared first on The Daily Hodl .

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