Google To Fund Guaranteed Income Program In San Francisco That Gives Families $1,000 A Month

Google is partnering with San Francisco area nonprofits to provide a financial boost for families who are facing homelessness.

The It All Adds Up program will provide financial assistance to qualified families. Families must be nearing the end of rental subsidy programs provided by local nonprofit agencies to be eligible for the program.

Reportedly, 225 randomly selected participants will receive $1,000 monthly cash payments for a year, and an additional 225 families will receive $50. Participants can use the money however they choose.

“We’re hoping that this will provide a softer landing for families who are exiting our subsidy programs and help them maintain financial stability,” Hamilton Families CEO Kyriell Noon told the San Francisco Chronicle .

About 30 families are currently enrolled in the program. More participants will be added each month until all 450 spaces are filled. More than 70% of the families currently enrolled in the programs are led by single mothers of color with children under the age of five.

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