44m ago
New York City Starts $1,200 Monthly Guaranteed Income Pilot for Homeless Young Adults Through June 2026
New York City has launched a $1.5 million guaranteed income pilot program providing $1,200 per month to residents aged 18 to 24 who have experienced homelessness. The initiative, which runs from December through June of 2026, also offers participants a one-time $5,000 lump-sum payment option. A 22-year-old participant living in a Bronx shelter says the cash allows her to build skills and plan for renting an apartment, highlighting the program's focus on stability and self-sufficiency.