Newsweek he expects the program to be similar to other guaranteed income pilot programs launched in other U.S. cities. He said other cities that have experimented with guaranteed income on average have given 150 people monthly payments of $600 to $900.But this one would give a leg up to a community that faces widespread violence and discrimination for housing and jobs.
Research shows that transgender people are more likely to live in poverty."So when you raise them up to the average level, they achieve a lot more," Rostovsky said.The two nonprofits will look for philanthropic dollars to fund the program.
Additionally, they'll look at ways to tap into a $35 million fund created by California lawmakers to provide monthly payments to pregnant women and young adults who've recently left foster care.
The new pot of money would be distributed by local governments and nonprofits.The idea of no-strings cash payments has increasingly taken hold in the U.S.