Young parents living in Baltimore could be eligible for a $1,000 cash payment each month for 24 months as part of a new pilot program to reduce poverty.
The Guaranteed Income pilot is designed to provide 200 young parents between 18- and 24-years-old with financial security. Those enrolled will not be told how to spend the funds, according to a press release.
To qualify applicants must:
- be residents of Baltimore City
- between the ages of 18-24 years old at the time of the application deadline
- be either the biological or adoptive parents, guardians, or have full or partial care-taking responsibilities
- have income at or below 300% of the federal poverty level based on their household size
Applications open on Monday, May 2, at 6 a.m. and close on Monday, May 9, at 11:59 p.m.
The pilot is joint effort between the city, CASH Campaign of Maryland, Mayors for a Guaranteed Income and Steady.