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With the objective of helping low-income families in Durham County in North Carolina, the Board of Commissioners of said state approved a new guaranteed income pilot program called “DCo Thrives”,
According to the statement, the DCo Thrives program will have approximately $1.69 million in funding from the American Bailout Actwhich was approved during the Covid-19 pandemic.
For Brenda Howerton, president of the Durham County Board of Commissioners, this program has the objective of helping children with low-income families. “Children cannot thrive. If your parents are not prospering and don’t have a house to live inIf they don’t have food for their children, our children can’t thrive and they can’t learn,” she said.
How much money will be provided?
According to the program at least about 125 families will benefit with a monthly income of approximately $750 dollarswhich should be evaluated and assigned depending on the results of the surveys.
What are the requirements to apply to the program?
The DCo Thrives program has several requirements to choose its beneficiaries, in this case they must be households with at least one child under 18 years of age, as well the applicant family must have an income at or below 30% of the county median income.
With this initiative, which is also taking place in several cities in the country, it seeks to promote the effectiveness and viability of guaranteed fixed income so that people can improve their economic status and quality of life.
Other programs
Another guaranteed income program called “Excel” was also implemented last year in County Durham, which provided about $600 to about 109 formerly incarcerated residents. Although the program ended in January, it still has a budget of $1 million to continue developing it.
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