A California city is giving new parents $500 a month. It's one of a growing number of basic income pilots focused on families.
Pomona, California is $500 a month to parents with children under 4 years old.
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- Pomona is launching a basic income pilot for families with children under 4 years old.
- Funded by the American Rescue Plan Act, the pilot offers $500 monthly to 250 eligible families.
- New parents can spend the no-strings cash on housing, groceries, and childcare.
Babies are expensive: Formula, diapers, clothes, toys, frequent pediatrician check-ups, and a crib can cost new parents thousands of dollars ...
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