Young homeless people in the Big Apple will soon be getting $1,250 in no-strings-attached cash each month — in a $2.5 million city-backed experiment to see if they use it to get off the streets and try to get jobs.
The “Trust Youth Initiative” – partially funded by the city – will start with up to 40 homeless people ages 18 to 24, “especially Black, Indigenous, Latinx and LGBTQ youth,” the organizers said in a release.
They will get the monthly cash for up to two years, with no limits on how they spend it — and larger up-front payments available to get into housing.
Homeless man holding a cardboard sign, asking for help in downtown, Manhattan, New York City, on May 2, 2019.
