{"id":248711,"date":"2024-02-16T22:10:26","date_gmt":"2024-02-16T16:40:26","guid":{"rendered":"https:\/\/dripp.zone\/news\/?p=248711"},"modified":"2024-02-16T22:10:26","modified_gmt":"2024-02-16T16:40:26","slug":"1300000-to-be-distributed-with-no-strings-attached-as-major-us-city-embraces-guaranteed-income-pilot-crypto-news","status":"publish","type":"post","link":"https:\/\/dripp.zone\/news\/1300000-to-be-distributed-with-no-strings-attached-as-major-us-city-embraces-guaranteed-income-pilot-crypto-news\/","title":{"rendered":"$1,300,000 To Be Distributed With No Strings Attached As Major US City Embraces Guaranteed Income Pilot &#8211; Crypto News"},"content":{"rendered":"<p><\/p>\n<div>\n<p>The 10th largest city in the US is preparing to hand out a total of $1.3 million to people who are strapped for cash.<\/p>\n<p>A guaranteed income program in Austin, Texas has been expanded and will soon help 135 households, <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/www.kxan.com\/news\/local\/austin\/austin-city-manager-guaranteed-income-pilot-program-to-be-extended\/\">reports<\/a> the NBC-affiliated news station KXAN-TV.<\/p>\n<p>Details on how the money allocated to the \u201cFamily Stabilization Grant Program\u201d will be handed out are still in the works.<\/p>\n<p>The initial 2022-2023 pilot distributed $1,000 to low income households per month with no strings attached and according to Urban Institute, participants <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/www.urban.org\/research\/publication\/austin-guaranteed-income-pilot-participant-outcomes-12-months\">said<\/a> they largely used the money on housing.<\/p>\n<p><em>\u201cAt 12 months, respondents reported spending most of their pilot cash on housing and said their housing security improved substantially. <\/em><\/p>\n<p><em>Employment remained relatively stable throughout the pilot. Of the 9 percent of participants who reported reducing their working hours, half stated that they used the time to \u201cskill up\u201d for future work and half took on caretaking responsibilities. <\/em><\/p>\n<p><em>Food security improved steadily over the course of the pilot, but some mental health measures reverted to enrollment levels. On one metric (constant worry), participants reported worse outcomes at the end of the 12-month period.\u201d<\/em><\/p>\n<p>Austin isn\u2019t the only major metropolitan area in Texas that\u2019s testing guaranteed income outcomes.<\/p>\n<p>In Harris County, Texas, a total of 1,928 households will <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/dailyhodl.com\/2024\/01\/26\/17000000-in-cash-handouts-incoming-as-signups-for-new-guaranteed-income-program-begin\/\">receive<\/a> $500 per month for one and a half years in a separate basic income trial.<\/p>\n<p><em><span style=\"font-size: 13pt\">Don&#8217;t Miss a Beat \u2013 <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/dailyhodl.com\/join-the-daily-hodl-email-list\/\">Subscribe<\/a> to get email alerts delivered directly to your inbox <\/span><\/em><br \/>\n<br \/>\n<em><span style=\"font-size: 13pt\">Check <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/dailyhodl.com\/crypto-markets\/\">Price Action<\/a><\/span><\/em><br \/>\n<br \/>\n<em><span style=\"font-size: 13pt\">Follow us on <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/twitter.com\/TheDailyHodl\">Twitter<\/a>, <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/www.facebook.com\/thedailyhodl\/\">Facebook<\/a> and <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/t.me\/thedailyhodl\">Telegram<\/a><\/span><\/em><br \/>\n<br \/>\n<em><span style=\"font-size: 13pt\">Surf <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/dailyhodl.com\/daily-hodl-mix\">The Daily Hodl Mix<\/a><\/span><\/em><br \/>\n<\/p>\n<div class=\"hideinamp\">\n<p><a rel=\"nofollow noopener\" target=\"_blank\" class=\"maxbutton-4 maxbutton maxbutton-check-out-the-latest-headlines-bigger\" href=\"https:\/\/dailyhodl.com\/news\/\"><span class=\"mb-text\">Check Latest News Headlines<\/span><\/a><\/p>\n<p>&amp;nbsp<\/p>\n<h6>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 loses 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.<\/h6>\n<\/div>\n<p><span style=\"font-size: 10pt\"><em>Generated Image: Midjourney<\/em><\/span><\/p>\n<\/p><\/div>\n","protected":false},"excerpt":{"rendered":"<p>The 10th largest city in the US is preparing to hand out a total of $1.3 million to people who are strapped for cash. A guaranteed income program in Austin, Texas has been expanded and will soon help 135 households, reports the NBC-affiliated news station KXAN-TV. Details on how the money allocated to the \u201cFamily [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":248712,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[173],"tags":[201,248,251,246,257,255,250,252,247,253,249,256,254],"class_list":["post-248711","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-others","tag-blockchain","tag-bsc","tag-chainlink","tag-coin","tag-cryptocurrency","tag-gta","tag-looks-rare","tag-oracle","tag-polygon","tag-quickswap","tag-safe-moon","tag-wallet","tag-wordpress"],"_links":{"self":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/248711","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/comments?post=248711"}],"version-history":[{"count":2,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/248711\/revisions"}],"predecessor-version":[{"id":248714,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/248711\/revisions\/248714"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/media\/248712"}],"wp:attachment":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/media?parent=248711"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/categories?post=248711"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/tags?post=248711"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}