L.A. Pilot Benefits Families
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Guaranteed Income ResearchLos Angeles Times
•Study details 'transformative' results from L.A. pilot that guaranteed families $1,000 a month
85% Informative
Study: L.A. pilot that guaranteed families $ 1,000 a month was overwhelmingly beneficial.
Participants in the program experienced a host of financial benefits, according to the study.
Participants reported a meaningful increase in savings and were more likely to be able to cover a $ 400 emergency.
The program was funded through the city budget and included $11 million that city leaders moved from the Police Department budget in response to nationwide protests after the murder of George Floyd by a Minneapolis police officer in 2020 .
Despite the positive research findings, programs like BIG:LEAP have raised concerns among some taxpayer groups.
It's not clear where the next round of funding would come from.
VR Score
90
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