(TheRedAlertNews.com) – The city of Denver, Colorado, will give homeless people $12,000 each in a no-strings-attached cash handout funded with taxpayer money. The recipients will be primarily women, “transgender,” and “non-binary” individuals.
More than 820 people will benefit from the “Denver Basic Income Project” program, which is supposed to “lift individuals out of homelessness,” the city announced, as cited by Fox News.
As of January 2022, there were a total of 4,700 households “experiencing homelessness.”
The 820 beneficiaries of the basic income program will be chosen randomly from a pool of applicants but will be mainly female and “gender non-confirming” persons,” The Daily Mail reported.
People will be eligible to apply if they are presently using Denver’s homeless shelter system.
Under the program, 260 homeless residents of Denver will receive an allowance of $6,500 upfront, plus $500 per month for the next 12 months.
Another group of 260 homeless persons will be getting $1,000 per month for 12 months.
A third group of 300 individuals will receive $50 stipends each for completing surveys to track the program’s results.
The anti-homelessness basic income program of Denver will cost about $9 million. The city administration is providing $2 million, which has been allocated to it from the American Rescue Plan Act.
The rest of the money will be raised through charities such as the Denver Foundation and the Colorado Health Foundation.
“Just as important as housing and shelter is a regular source of income for those experiencing homelessness,” Denver Mayor Michael Hancock said.
“This direct cash assistance will help more than 140 women and families currently in shelters move into stable housing, and provide support, so they can stay housed while opening space in our shelters to serve more people,” he added.
The first allowances under Denver’s program for combating homeless are expected to be disbursed as early as November.
The scheme’s efficiency is to be monitored and assessed by the Center for Housing and Homelessness Research of the University of Denver.
In addition, its randomized control trial will evaluate the ensuing housing outcomes, utilization of shelter and homeless services, substance use, and the psychological health of the participants.
What is your opinion? Do you agree or disagree with what Denver is doing by paying homeless individuals thousands of dollars as part of a Basic Income Project? Please share your thoughts by emailing [email protected]. Thank you.