Google, in collaboration with J-PAL North America, part of MIT’s Abdul Latif Jameel Poverty Action Lab, is co-funding a pilot program aimed at providing a guaranteed basic income to 450 families in California. The families, on the brink of homelessness, will receive $1,000 per month for 12 months as part of the initiative called It All Adds Up. Another group of 225 families will act as the control group, receiving $50 per month for the same period.
This move comes as universal basic income programs gain popularity as effective tools in battling poverty. The no-strings-attached cash will be given to families who have recently participated in housing programs provided by non-profits and are one to three months away from losing their housing subsidies.
The It All Adds Up program is specifically designed to support single mothers of color who are raising children under the age of five. NYU’s Housing Solutions Lab will analyze the outcomes of the pilot program, focusing on its impact on housing stability, health, and financial well-being of the participants.
Google’s involvement in this initiative is part of its commitment to addressing the housing crisis in the San Francisco Bay Area. With a $1 billion pledge, the tech giant aims to make a difference in the local community struggling with affordability issues.
As Google continues to contribute to poverty-alleviation efforts, the positive results from this pilot program could pave the way for more comprehensive basic income initiatives in the future. Through this collaboration with J-PAL North America, Google is taking a proactive approach to support vulnerable families and individuals in need.
Frequently Asked Questions (FAQs) Related to the Above News
What is the It All Adds Up program?
The It All Adds Up program is a pilot initiative funded by Google and J-PAL North America, providing a guaranteed basic income to 450 families in California on the verge of homelessness.
How much money will the families receive through the It All Adds Up program?
The families will receive $1,000 per month for 12 months as part of the program.
How many families are involved in the pilot program?
There are 450 families participating in the program, with another 225 families acting as the control group.
Who is the target demographic for the It All Adds Up program?
The program specifically aims to support single mothers of color who are raising children under the age of five.
What will be analyzed by NYU's Housing Solutions Lab regarding the pilot program?
The outcomes of the pilot program, such as its impact on housing stability, health, and financial well-being of the participants, will be analyzed by NYU's Housing Solutions Lab.
Why is Google funding this program?
Google is committed to addressing the housing crisis in the San Francisco Bay Area and has pledged $1 billion towards local community efforts, including supporting initiatives like It All Adds Up.
What is the long-term goal of Google's involvement in the pilot program?
The positive results from the pilot program could pave the way for more comprehensive basic income initiatives in the future, as Google continues to contribute to poverty-alleviation efforts.
Please note that the FAQs provided on this page are based on the news article published. While we strive to provide accurate and up-to-date information, it is always recommended to consult relevant authorities or professionals before making any decisions or taking action based on the FAQs or the news article.
