Study Reveals Basic Income Payments Primarily Allocated to Housing in Austin

1 min read
Source: Business Insider
Study Reveals Basic Income Payments Primarily Allocated to Housing in Austin
Photo: Business Insider
TL;DR Summary

A study of Austin's guaranteed basic income program found that most participants spent the $1,000 monthly payments on housing, leading to increased housing security and improved ability to afford balanced meals. While the program aimed to alleviate poverty and housing insecurity, some Texas lawmakers have opposed similar initiatives in Houston. Basic income projects in other U.S. cities, such as Baltimore and Denver, have also shown positive impacts on housing security and support for vulnerable residents.

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