Mayor Brandon Scott announced on April 20, the launch of his guaranteed income pilot program, Nicole Batey reports for AFRO News. The program, called the Baltimore Young Families Success Fund (BYFSF), will provide 200 parents between the ages of 18 and 24 with $1,000 cash per month for two years.
How will the program work?
Parents selected to participate in the program will receive an “unconditional monthly cash payment” funded by $4.8 million from Baltimore’s Covid-19 stimulus package. Recipients can decide how to spend the money based on their family’s needs. Eligible applicants include parents or guardians providing full or part-time care with an income at or below 300 percent of the federal poverty level.
“This is, fundamentally, about putting our families in a position to succeed,” Scott said. “The Baltimore Young Families Success Fund will put money directly in the hands of our residents because they know what their families need to ascend the ladder of opportunity.”
Anything else I should know?
Parents that meet the criteria can apply from 6 a.m. on Monday, May 2 until 11:59 p.m. on Monday, May 9. Program participants will be selected through a randomized lottery. More information is available on the Mayor’s Office of Children and Family Success’s website.
You can read more here.