Denver’s basic income pilot — which first started payments in fall 2022 — focused on over 800 Coloradans experiencing homelessness, including people living in cars, temporary shelters, the outdoors, or other non-fixed living situations. Participants like Laws were given direct cash payments, no strings attached, and could spend the money on whatever they needed.
Denver released the project’s one-year report on June 18, showing that 45% of participants secured their own house or apartment after receiving basic income for 10 months. They also experienced fewer emergency room visits, nights spent in a hospital or a temporary shelter, and jail stays. The report estimates that this reduction in public service use saved the city $589,214.
Thank you for doing the math, it seemed hinky to me. I’m trusting you though, lol.
No problem, thank you for posting this, I’m fascinated by how this article is constructed.