Applications open for Baltimore’s Guaranteed Income Pilot Program

The city of Baltimore opened applications Monday for its Young Families Success Fund (BYFSF), which will provide 200 young parents between 18 and 24 years old with a cash payment of $1,000 per month over 24 months to help financially stabilize their households through the Guaranteed Income pilot program.

Applications are open until May 9 at 11:59 p.m. Eligible residents can go to bmorechildren.com/guaranteed-income to apply or find answers to frequently asked questions about the program. Once the application closes, eligible applicants will be placed into a randomized lottery to select 200 participants.

Mayor Brandon Scott allocated $4.8 million in American Rescue Plan Act funds that will be distributed directly to recipients. Costs for program administration will be funded through the Mayor’s Office of Children and Family Success (MOCFS) as well as private and philanthropic donors, including The Annie E. Casey Foundation, the Abell Foundation, the France-Merrick Foundation, and The Zanvyl and Isabelle Krieger Fund.

Click here to read the full article.

Source: The Daily Record