Archives For: Stockton

This California Town Will Give a $500 Monthly Stipend to Residents

CNN issued a report discussing a planned Universal Basic Income (UBI) initiative set to take place in Stockton, Calif., which aims to give 100 residents $500 a month for 18 months without any conditions. It appears that the funds could be utilized for mortgage payments, thereby mitigating mortgage delinquency and property abandoned.

9 Jul 2018