Just one year after the launch of a guaranteed income pilot program for Black women in Georgia, a leader of the initiative says participants are already experiencing better financial outcomes.
“Even just a few months, folks are reporting increases and feeling more financially secure, after a couple of payments of $850 a month 82 % of recipients are feeling more financially secure,” said Hope Wollensack, the executive director of Georgia Resilience and Opportunity Fund who leads In Her Hands.
On Tuesday’s edition of “Closer Look,” Wollensack and Lauren Priest, the program officer on the Community Impact Team at the Community Foundation for a Greater Atlanta, talked about the $13 million dollar pilot program that provides a guaranteed income of $850 a month to more than 600 Black women who live in Old Fourth Ward and across the state of Georgia. During the conversation, guests also talked about long-term solutions to eradicating poverty