Elevate Boulder is the City of Boulder’s guaranteed income pilot project that will provide 200 low-income Boulder households with $500 per month in direct cash assistance for two years, no strings attached. Through this project, the city and our partners hope to help community members become more financially self-sufficient, foster equity, and build trust with community members in need.
The data in this pie chart shows aggregate spending for guaranteed income participants in Los Angeles County, CA. This includes all non-cash expenditures from the participants’ pre-paid debit card that is loaded with guaranteed income payments monthly.
Food and groceries accounted for the largest share of spending, at 35.32%, followed by Retail sales and services (31.27%) and Transport related expenses (10.07%).
The state of Colorado saw significant reduction in poverty as a result of the largest, national pilot in the Child Tax Credit that was implemented as a result of the Covid Pandemic.
This program provided tax credit for eligible taxpayers with qualifying children in the form of cash payouts. The credit amount varied based on factors like the number of qualifying children and the taxpayer’s income. It can lower tax liability or result in a tax refund.
During the course of this pilot, it has been proven to reduce poverty for families with dependent children – in every state.
Basic Information
Children in Households
Gender
Annual Household Income (in $USD)
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Indira Kumari — a medical assistant, Nepali immigrant, and low-income Boulder resident who is part of the task force that helped build the pilot — says receiving $500 a month could prevent her from having to make difficult choices about what she and her family need most. “My kids have got, even now, quite a bit of medical needs,” Kumari says. “Even with two incomes I cannot [meet their needs.] In order to [provide for them], I had to kind of skip my meals. … Had I had some supplemental support, I could have been better off [attending to] those kinds of medical needs.” Crowe says that in addition to providing these types of immediate and tangible benefits to participants, she also hopes the program will help City processes become more equitable and challenge assumptions some community members might have about one another.
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