Santa Fe Learn, Earn, Achieve Program
(SF LEAP)
The goal of SF LEAP is to assist young parents attain their educational goals so that they are able to provide a stable income for themselves and their families in the future.
Santa Fe Learn, Earn, Achieve Program
SPENDING BREAKDOWN
The data in this pie chart shows aggregate spending for guaranteed income participants in Santa Fe, NM. This includes all non-cash expenditures from the participants’ bank accounts, not just those that are from the guaranteed income they received.
Retail sales and services accounted for the largest share of spending, at 38.99%, followed by Food and groceries (32.49%) and Transport related expenses (8.26%).
CHILD TAX CREDIT
The state of New Mexico 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.
Poverty Rate (Current Law)
13.1%
Poverty Rate (Under new tax credit)
6.5%
Percentage point reduction
6.6%
Percent change
50.1%
DEMOGRAPHICS
Basic Information
sample size (Treatment Group)
900
Avg. Age of Respondent (years)
1
Children in Households
Have Children in Household
1
%
No Children in Household
5
%
Avg. children in Household
1
Avg. Household size
Gender
Male
1
%
Female
5
%
Other
5
%
Ethnicity
Hispanic
1
%
Non-Hispanic
%
Race
White
1
%
African American
5
%
American Indian/ Alaska Native
5
%
Asian
1
%
Native Hawaiian/ Pacific Islander
5
%
Latino
5
%
Other/ Mixed
5
%
Marital Status
Single
5
%
Married
5
%
Partnered/ in-relationship
5
%
Primary language at Home
English
5
%
Spanish
5
%
Other
5
%
Annual Household Income (in $USD)
Mean
$
14000
Median
$
10800
Featured Story
Raquel
Raquel is a single parent of a young son. She is working towards an associate degree in criminal justice at Santa Fe Community College (SFCC) and has been a part of the Santa Fe LEAP since September 2021.
“Being a part of the LEAP Program for the last year has been such a blessing. Although I am sad it is ending, I am so grateful I was a part of it. The LEAP Program helped me not to work a second job and attend SFCC comfortably. I live with my son alone and let’s be honest, life is so expensive now a days. I have a full time job with The City of Santa Fe and I attend SFCC full time. I am working towards my associates in Criminal Justice. The guaranteed income was just such breath of fresh air to my small family.”
Kipp is a 65-year-old female living in Long Beach. She had been a touring musician for almost twenty years when she became ill and started teaching guitar lessons. Her business was doing well until the pandemic hit; within two weeks, she lost all but one of her students. She is using some of the money to take a business course and buy a video camera to help launch her business. She said, “I have breathing room because, when you’re stressed out, you end up holding your breath. Now I’m breathing, I’m flowing, I’m creating, I’m learning a lot of different stuff. The Breathe program has helped me on a lot of levels.”
Featured Story
Kipp
Featured Story
PATRIC
Patric is a 31 year old male living in Inglewood. He had just left working for the post office and was trying to figure things out. He says, “I was in between jobs and trying to figure out everything. I’ve been able to get rent relief and get help with other bills. And they’re helping me in developing my career. By the end of the program, I’m hoping to be in a position to make a big purchase, like a house.”
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