St Paul, MN improves low-income family finances with People's Prosperity Guaranteed Income Pilot

St Paul, MN People's Prosperity Pilot Low-Income Family

The city council approved an 18-month pilot that pays $500 per month to 150 selected families. The participating families were selected from the CollegeBound Saint Paul college savings program. Participants also demonstrated financial impacts from COVID-19 prior to selection. Pilot payments are supplied through dedicated debit cards for use without limitations. The city and its project partners will also deposit $10 per month in each recipient's CollegeBound account.

SP

St Paul, MN

Municipality in Minnesota

United States