Recently homeless families in San Francisco will get $1,000 every month as part of a new program funded in part by Google’s nonprofit arm.
The “It All Adds Up” program, which pulls inspiration from Julius Caesar gifting Roman citizens 100 silver coins and the idea of a guaranteed basic income, was announced this week by two charities. It’s part of a broader $1 billion effort by Google to make housing more affordable in the Bay Area.
The program is slated to cost more than $6 million over a five-year pilot period, with money also coming in from anonymous donors.
“It All Adds Up” will give 450 families that have recently experienced homelessness a monthly stipend. Half of the group will get $1,000 a month, with no strings…