Baltimore Basic Income Helps Parents Afford Housing, Get Jobs [Video]

For some Baltimore families, basic income helped pay the bills: rent, groceries, healthcare, childcare, and car payments. For others, it provided the support they needed to maintain stable jobs.

The Baltimore Young Families Success Fund, with research by research firm Abt Global, released its interim results in June for a guaranteed basic income pilot which began in August 2022 and is set to end this month. It gave 130 parents between the ages of 18 and 24 $1,000 cash each month to spend as they choose, with no strings attached.

After one year of receiving payments, participants were more likely to have housing, higher household income, and a degree than the pilot’s control group. Still, some participants’ overall financial well-being was not impacted in a statistically significant way.

Researchers primarily focused on participants’ income, housing, employment, and education outcomes in the first year of the pilot. Through surveys and interviews, participants were compared to a randomly selected …

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