The Guaranteed Income Program offers a direct, recurring cash payment of $800 per month for a 24 month period for a total of 300 individuals and/or households. At least one third of the participants are people from households who are transitioning from homelessness. The money is provided without strings attached to alleviate poverty, provide a form of financial stability and give people the ability to make their own choices to improve their economic position. The opportunity to apply for the Pilot Program closed June 3rd, 2022, and program participants are now onboarded.
100 households recently served by the Montgomery County Homeless Continuum of Care and 200 participants with at least one child/dependent who had previously sought assistance from the County during the COVID 19 pandemic were invited to apply, and selected through a randomized application process.