A US city is preparing to hand out a pile of cash in a new guaranteed income program for disadvantaged residents.
The New York City Council says it is allocating $1.5 million in the 2026 budget for a guaranteed income initiative known as the “Cash with Care” program, targeting residents facing housing insecurity.
“The goal of the guaranteed income program is to support young people along their journey out of homelessness by providing flexible, reliable income alongside wraparound services.”…