CNBC
Meet the mayors pushing for guaranteed income in 30 cities across the country
CNBC Make It poke with mayors who are pushing the guaranteed income movement forward in their cities — and giving out thousands of dollars in the process.
Currently, 18 Richmond families have been confirmed for participation after being randomly selected from a pool of Office of Community Wealth Building clients who the city has determined suffer from a “cliff effect” where the family makes too much money to qualify for federal benefits but not enough to live comfortably as measured by the region’s living wage. The city sent a list of participants who met that criteria to an independent research team at the University of Pennsylvania Center for Guaranteed Income Research, who performed a random selection.