Guaranteed Income Program Helps Low-Income Families Financially
$400 Monthly Aid Eases Financial Strain for Low-income Families
The Guaranteed Income Program in Paterson, New Jersey provides $400 monthly for a year to low-income families easing financial stress and ensuring basic needs are met. Beneficiaries like Monserrate Reyes who works in caregiving qualify for assistance, helping them afford necessities and reducing financial strain according to CBS News.
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Paterson Mayor Seeks $5.5M From State to Expand Guaranteed Income Program and Aid More Residents.
Paterson Mayor Andre Sayegh supports the Guaranteed Income Program and wants to expand it to help more people. He’s seeking $5.5 million from the state government to increase the program’s capacity and assist around 1,000 more individuals in Paterson. However, the demand for assistance exceeds the program’s current capacity indicating a need for further support.
READ ALSO: Guaranteed Income Program – Paterson Advocates For Expansion To Boost Financial Security
In this article:CBS News,Guaranteed Income Program,Local Finance News in New Jersey,Newsbreak,US Finance News
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