Denver $1000 Basic Income Project: Who’s Eligible?
The Denver Basic Income Project, a universal basic income programme with a capacity of 820 participants, is presently accepting applications.
The initiative was created by
Mark Donovan and passed by the Denver City Council in early September.
Furthermore, on a predetermined monthly schedule, the initiative will grant up to $12,000 to homeless persons.
The effort received $2 million from the
Denver City Council
and has since raised more than $7 million toward a $9 million final budget.
The initiative is a public-private partnership funded by private foundations, individuals, and government sources.
The City and County of Denver
, in addition to the Colorado Department of Local Affairs, are both collaborators in this endeavor.
The payments will be distributed in several stages, and applications will be accepted up until November 3 of this year.
The initiative will provide cash transfers to a total of 820 unhoused families and individuals for a period of up to a year.
To be eligible, you must be at least 18 years old and without stable residence.
Denver defines this as lacking a "permanent, regular, and acceptable nightly habitation."
According to the research, the complete launch of the programme will take place in November 2022, and participants will be chosen and informed later this fall.