Philly To Pilot A Guaranteed Income Experiment
Cash is king. That’s the takeaway as Philadelphia is set to soon join other U.S. cities in attempting an experimental economic mobility pilot that will give recipients cash payments, no strings attached.
As early as March, Philadelphia will start giving up to 60 people $500 a month, for at least 12 months. Recipients will be selected from a pool of 1,100 people who have received federal support through TANF, or Temporary Assistance for Needy Families, for five years. A total of $322,000 will cover the costs, drawing from existing TANF funds.
The key distinction from traditional social programs, such as TANF, said Dr. Nikia Owens, Philadelphia’s deputy executive director of family supports & basic needs, is “they don’t have to do anything extra for this money.”