KANG: And a number of cities are embracing the concept to help combat poverty, cities like Los Angeles, Pittsburgh, Denver, Stockton and Newark. NATALIE FOSTER: It became clear that cash could provide support to families even when everything was changing around them. KANG: Natalie Foster leads the nonprofit Economic Security Project and says the concept of giving people money with no conditions was once considered radical, but the pandemic changed all that. What we hope to see is that those funds go to those people who need it the most in our city.
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SCOTT WAGUESPACK: The guaranteed income here is not much unlike child tax credits or stimulus checks or PPE funds. Alderman Scott Waguespack says the cash assistance program isn't a new idea, but it's a good one. KANG: The program will cost about $31 million and come out of the nearly 2 billion Chicago got in federal pandemic relief aid. But right now, in this moment, with so many people suffering, in pain and worried about financial ruin, this is what we must do to make sure that these families don't slip into the abyss.
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LORI LIGHTFOOT: Of course we need to teach people how to fish.
And she says while it may be controversial for some, it's good policy. Chicago Mayor Lori Lightfoot calls the guaranteed income pilot one of the highlights of her budget. From member station WBEZ, Esther Yoon-Ji Kang reports.ĮSTHER YOON-JI KANG, BYLINE: With this new pilot program, 5,000 low-income residents here will get $500 a month, with no strings attached, for one year. cities are exploring cash payment programs to help people in need.
The idea of basic income has been around for a while, but the pandemic brought it a lot of new attention. Chicago just became the latest city to approve a guaranteed basic income program for some of its poorest residents.
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