New funding helps launch guaranteed income programs helmed by member mayors in 25+ U.S. cities
STOCKTON, Calif — December 8, 2020; 9AM PT -- Mayors For A Guaranteed Income (MGI) today held a press call announcing a second grant of $15M from Twitter CEO Jack Dorsey through his #startsmall initiative. This builds on Dorsey’s initial donation of $3 million in July 2020.
These new funds are already being allocated to launch or expand guaranteed income pilots in U.S. cities including Columbia, SC; Los Angeles, CA; Madison, WI; Pittsburgh, PA; Providence, RI; Richmond, VA; Tacoma, WA; Saint Paul, MN; and New Orleans, LA, with more cities to be announced later. The full recording of the press call can be found here.
Stockton Mayor Michael Tubbs, who founded MGI following the demonstrable impact of Stockton Economic Empowerment Demonstration (SEED), the first mayor-led guaranteed income pilot, said: “We are a nation in crisis and the last one of this scale yielded dramatic social reform; this is our New Deal moment. We need a social safety net that goes beyond conditional benefits tied to employment, works for everyone and begins to address the call for racial and economic justice through a guaranteed income. These pilots and the resulting evidence will be instrumental in shaping what the 2021 social contract looks like in America.”
Los Angeles Mayor Eric Garcetti sits on the Mayors For A Guaranteed Income executive committee and said, “The grant is a testament to the momentum of this organization and cause -- and a tribute to a simple, yet innovative idea: that offering direct aid to struggling families translates into greater security for our economy, stability for our communities, and peace of mind for households across our cities. With this investment, we can act on that mission and activate a new way of lifting up folks hard-hit by the short-term pain of the pandemic or the long-term consequences from structural and institutional inequalities.”
Mayor of Madison, WI Satya Rhodes-Conway said: “I am deeply appreciative of this seed funding which will allow a group of Madison families to chart their own path toward financial stability. Because affordable housing is such a critical issue in the City of Madison, my staff is exploring how we can design and implement a pilot that places housing affordability and security at the center of this conversation.”
