What’s Happening
New York City has launched a guaranteed income pilot program called “Cash with Care” to help young adults experiencing homelessness or severe housing insecurity.
The Sun
The program is part of the city’s Fiscal Year 2026 budget, with $1.5 million allocated to fund it.
The Sun
It targets **young New Yorkers ages 18-24 who are currently homeless or in transitional housing.
The Sun
Up to 60 participants will be selected for the pilot.
The Sun
💵 Financial Support
Participants in the program will receive:
$1,200 per month for nine months, providing a consistent income stream.
The Sun
A one-time $5,000 stability payment that can be used flexibly during the program period.
The Sun
Altogether, an individual could receive up to approximately $15,800 in support across the program cycle.
Pieces Online