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Denver’s $2 million Basic Income Program Extends Cash Payments to Homeless and Eligible Migrants

Photo from The Black Chronicle

Denver’s Basic Income Program, funded in part by the city and the federal American Rescue Plan Act, is not only continuing but also opening its cash stipends to migrants who meet the criteria, according to city officials, NewsBreak reports.

Photo from Denverite

Inclusive Support for the Vulnerable

Launched in 2021 with $2 million from Denver, the Basic Income Program, previously earmarked for specific groups, has expanded eligibility to include migrants. A national leader initiating the Basic Income Program, has allocated over $6.5 million in direct cash payments to 800 homeless individuals and families.

Payments under the Basic Income Program range from $50 to $1,000 per month, with additional one-time transfers and monthly payments based on participant classifications. In February 2024, the program will extend its support to an additional 39 people.

Denver has utilized $4 million from the American Rescue Plan Act to sustain this groundbreaking initiative, offering financial aid to those in need.

READ ALSO: Unlocking Your Home’s Hidden Tax Benefits: How Homeownership Can Supercharge Your Tax Refund

Immigration and Program Impact

Denver, designated as a sanctuary city has attracted migrants from Texas drawing attention from Texas Governor Greg Abbott who has highlighted the influx of over 11,100 migrants since April 2022.

In January 2023, Denver reported 5,818 homeless individuals. The city began its 2024 homeless count on January 23, with results yet to be announced.

As the Basic Income Program extends its reach, questions arise about its role in addressing both homelessness and the needs of migrants in Denver.

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