Compton to Begin Giving Residents Free Cash to “Address Inequalities for Black and Brown People”

Headlines Politics U.S.

Compton, California, is to begin giving residents free cash for two years – with no strings attached. The program, called the Compton Pledge, will distribute a basic income of at least a few hundred dollars to 800 of its low-income residents.

“I recognized that there’s a need for additional income, especially with the pandemic resulting in record high numbers of unemployment throughout the entire country,” Compton Mayor Aja Brown said.

“This is a great opportunity to address inequalities for Black and brown people and also additional opportunities for upward mobility.”

Under the program, randomly selected families will receive the money on a recurring basis, along with tools helping to advise them on their finances.

To pay for the incomes, the program has raised over $2.5 million in private donations through the Fund for Guaranteed Income, a charity headed by the family of L.A. Times owner and billionaire bioscientist and transplant surgeon Dr. Patrick Soon-Shiong.

Read more here.

Join the discussion