New Orleans launches pilot guaranteed income program: $350 monthly for young people

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Mayor LaToya Cantrell’s administration has launched a new, privately funded program to provide monthly cash payments to a small group of New Orleans teenagers and young adults, part of a national pilot aimed at building a case for a guaranteed income.

The program selected 125 residents ages 16 to 24, and at the end of April began paying each $350 per month for 10 months. Cantrell said the program is aimed at getting "much-needed, unrestricted cash in people’s pockets at a time where we know our people need it the most.”

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Program participants were randomly selected by the Center for Guaranteed Income Research at the University of Pennsylvania, from lists submitted by 10 community organizations that were asked to identify young people who are not in school and not employed, administration officials said.

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