The new program, which has raised $6.75m from private donors, will give low-income families of color $500 a month
Oakland is set to become the latest city in California to launch a guaranteed income program, with the mayor announcing Tuesday a privately funded program for low-income families of color.
The Oakland Resilient Families program will give families that meet a certain threshold $500 a month, with no rules on how they spend it. The program has so far raised $6.75m from private donors including Blue Meridian Partners, a national philanthropy group.
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