Denver mayor proposes $1,000 monthly payments to most vulnerable residents

Denver’s mayor proposed a universal basic income-inspired program that would see $1,000 monthly payments go to some of the city’s most vulnerable residents.

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Denver Mayor Michael Hancock looks on as members of the Denver Broncos practice during the NFL football team’s training camp Saturday, July 30, 2022, in Centennial, Colo. (AP Photo/David Zalubowski)


In his final state of the city address, Denver Mayor Michael Hancock announced plans to ask the City Council to dedicate $2 million of COVID-19 federal relief money toward $1,000 monthly payments to 140 women and families living in homeless shelters for one year, according to the Denver Post.

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“As an administration accountable to the people we serve, we remain committed to justice,” Hancock said. “We remain committed to leaving this city better than we found it. And while this may be my final year as mayor, I pledge to you that I will bring the same energy, creativity, and intention as if it were my first.”

Several cities adopting universal basic income-inspired programs. Mashable has documented 23 cities in the United States, including Denver, that have adopted some form of a UBI-inspired program, dispersing a set amount of money to certain residents monthly.

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Denver already has a UBI-inspired program that disperses monthly payments of $1,000 to 260 people, $500 to 260 people, and $50 to 300 people, funded through a $5.5 million allocation of the city’s budget, according to the Denver Voice. Hancock’s proposal would qualify another 140 people to receive $1,000 monthly payments, funded through the separate $2 million of emergency COVID-19 federal funds.

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