I would estimate about 30 percent will do something productive with the money to improve their lives...
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Denver has allocated $2million from the American Rescue Plan Act to fund the program, which will be run by the Denver Basic Income Project. The total program, which will cost around $9million, is seeking to help around 820 people, but the $2million provided by the city will fund around 140 people. The program will be divided into three groups with 260 receiving $6,500 upfront and $500 a month for 12 months. Another 260 will get $1,000 a month for 12 months and 300 will get $50 stipends to complete surveys to help see how the program is working. The participants will be chosen at random and will largely derive from women, transgender, and non-binary individuals.
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This is ridiculous. There is not enough to cover living expenses each month let alone put money aside for such things as damage deposits, or utility hook up fees, or any furniture, or even a set of pots and pans,or dishes to eat with. Then there's blankets, sheets, shower curtain, drapes, food, transportation, clothing, grooming supplies, towels, soaps, shampoo, deodorant, shoes, coat, boots....
Denver has not got a fucking clue if they think that money is going to help anyone. They should be embarrassed for being that out of touch with the homeless problem.