The recipients also saw their food and financial security, general well-being, and psychological wellness all improve over the last year, according to the Fed report. And the cash transfers did not cause recipients to work less, a common concern with basic income programs, the report found.

It’s unclear how recipients’ behavior would change if the additional income were longer-term or permanent. Palmer added that she and her co-authors are curious to find out if they’ll see housing outcomes that often take longer to materialize — like moving to a different neighborhood or receiving job training — later on in the program.