NYC Launches Insane Pilot Program to Provide Homeless Adults With $15,800 in Unrestricted Cash Provided by Taxpayers
New York City has launched a controversial pilot program that provides homeless young adults with up to $15,800 in unrestricted cash, sparking debate over whether the approach is a bold solution or a risky use of taxpayer funds.
The initiative, called “Cash with Care,” offers 60 participants between the ages of 18 and 24 monthly payments of $1,200 for nine months, along with access to a one-time $5,000 lump sum.
The total potential payout per participant is $15,800, with no spending restrictions.
The $1.5 million program was approved by the New York City Council in December.
The initiative, called “Cash with Care,” offers 60 participants between the ages of 18 and 24 monthly payments of $1,200 for nine months, along with access to a one-time $5,000 lump sum.
The total potential payout per participant is $15,800, with no spending restrictions.
The $1.5 million program was approved by the New York City Council in December.
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