Texas City Distributes $1.3 Million To Those In Need. 🇺🇲🤑
In a groundbreaking move, Austin, Texas, the 10th largest city in the US, is set to distribute a total of $1.3 million to those in need through its expanded "Family Stabilization Grant Program."
The program, set to assist 135 households, expands on the success of its initial 2022-2023 pilot that distributed $1,000 per month to low-income households with no strings attached.
According to the Urban Institute, participants in the pilot predominantly used the funds for housing, leading to substantial improvements in housing security. Employment remained stable, with only 9 percent reporting reduced working hours. Notably, half utilized the extra time to "skill up" for future work, while the other half took on caretaking responsibilities.
Food security showed a steady improvement throughout the pilot, highlighting the positive influence of guaranteed income on essential needs.
While mental health measures generally improved, some metrics, such as constant worry, saw worse outcomes at the end of the 12-month period. This underscores the need for ongoing evaluation and adjustments to ensure holistic well-being.
Harris County, Texas, is also part of the guaranteed income movement, with 1,928 households set to receive $500 per month for one and a half years in a separate basic income trial. These initiatives mark a promising shift towards creating a more financially secure and stable future for individuals and families in need.
As these innovative programs unfold, they set a precedent for cities and counties to explore similar paths, fostering a positive change toward economic stability and support for those facing financial challenges.
