The City of Saint Paul launched the People’s Prosperity Guaranteed Income Pilot in October 2020. The People’s Prosperity Pilot was offered to families participating in CollegeBound Saint Paul, the City’s college savings initiative, which is providing every child born to a Saint Paul resident on or after January 1, 2020 with a college savings account and a $50 seed deposit. In an effort to build families’ wealth while supporting their income, their child also received a monthly $10 bonus deposit in their CollegeBound Saint Paul account. The People's Prosperity Pilot was the first guaranteed income program run inside city government and with public funds through the CARES Act and MN Department of Human Services.
Category
Women, Families, and Kids under 18, Universal/Saturation Pilots
