Basic Income Guaranteed: L.A. Economic Assistance Pilot
The City of Los Angeles has created the largest Guaranteed Income pilot in America, leading the nation in bold initiatives aimed at confronting poverty.
Did you Know?
Basic Income Guaranteed: For many Angelenos, the ability to achieve financial security is simply not possible. We face the burdens of the high costs of living, unaffordable housing options, insufficient wages, and the economic difficulties caused by COVID-19. BIG:LEAP is providing approximately 3,200 individuals with $1,000 per month for 12 months. These are unconditional, regular, and direct cash payments to individual participants that supplement existing welfare programs. This means there are no restrictions on how the money can be spent and no requirements for the participants. GBI programs are founded upon the belief that the people enduring financial instability or poverty are best positioned to make informed financial decisions that efficiently address their household’s needs. Through BIG:LEAP, Angelenos are empowered to forge their own path towards financial security.