According to the Stanford Basic Income Lab, universal basic income is a periodic cash payment that is given to individuals unconditionally, requiring no work requirement or sanctions to access.
And as various nonprofits and cities across the country experiment with basic income programs, most have found that the money received is largely used to pay for the basic essentials many Americans struggle to afford.
A new pilot program in Boston, Massachusetts wants to find out if the same trend applies for a specific demographic: young adults facing homelessness.
The program is called BAY-CASH, or Boston Area Youth Cash Assistance for Stable Housing. Their plan is to offer a select group of 15 young adults ages 18 to 24 $1,200 per month for 24 months…