(ATLANTA, Ga.) Up to three hundred Atlanta residents will receive $500 per month for a year as part of a basic guaranteed income program.
The Income Mobility Program for Atlanta Community Transformation (IMPACT) is a partnership between the city and the Urban League of Greater Atlanta. The initiative was announced during former Mayor Keisha Lance-Bottoms’ candidacy.
Bottoms said in a public statement, “We are seizing this moment to realize Dr. Martin Luther King Jr.'s vision for addressing economic security and pervasive poverty.”
“Dr. King said, 'The curse of poverty has no justification in our age.' In the spirit of Dr. King's vision for the beloved community, the launch of the I.M.P.A.C.T. program takes us another step closer to creating One Atlanta - an affordable, resilient and equitable Atlanta."
Registration will begin early 2022 and individuals must be over 18 and have a maximum income of 200 percent of the federal poverty line. Applicants can check the program website to see if they qualify –all participants will be chosen at random.
Program funding includes a $2 million donation by the city to the Urban League of Greater Atlanta, which will administer the program's day-to-day operations.
In addition to the IMPACT program, an $850 per month program aimed at Black women in Georgia by the Georgia Resilience & Opportunity Fund was announced in December. It aims to give the money to 650 women for two years. The program will also begin early in 2022 targeting women in Atlanta's Old Fourth Ward neighborhood.
The program will later expand to sites in southwest Georgia and metro Atlanta suburbs according to city leaders.