Stoney administration receives $500,000 grant to expand Richmond Resilience Initiative
The grant, made possible by the city’s partnership with Robins Foundation and Mayors for a Guaranteed Income, will allow the program to serve up to 37 more families
Mayor Stoney announced today that the Richmond Resilience Initiative, the city’s pilot guaranteed income program, has received a $500,000 grant to expand the program.
The additional $500,000 will allow the city to select up to 37 more families to participate in the program, in addition to the 18 already participating. All $500,000 will go to families participating in the Richmond Resilience Initiative in the form of monthly payments for the entire pilot period of 24 months.
“The launch of the Richmond Resilience Initiative in late October constituted a significant investment in the health, wealth and dignity of Richmond families,” said Mayor Levar Stoney. “Receiving this generous support so quickly after Richmond’s launch not only multiplies the city’s capacity to empower hardworking heads of household but endorses the pragmatic progressivism fueling this program.”
The funding was initially provided to Mayors for a Guaranteed Income (MGI) through a generous $15 million donation from Jack Dorsey, the CEO of Twitter. MGI then allocated the donation among partner cities, including Richmond, to facilitate or supplement guaranteed income pilot programs.
This funding supplements the $240,000 initially provided by the city and by funding and advisory partner Robins Foundation that launched the Richmond Resilience Initiative earlier in 2020.
Click here to learn more about the launch of the Richmond Resilience Initiative.
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