Baller Alert
  • Home
    • News
    • Entertainment
    • The Baller Alert Show
    • Baller Alert Lists
    • Baller Alert Exclusives
    • Let Me Liv
    • Ballerific Music
    • That’s Baller
    • Fashion
    • Metaverse
    • Tech
    • Lifestyle
    • Sports
    • Op-Ed
    • Travel
    • Health
  • EVENTS
  • Videos
  • Shop
  • About
  • Political News
  • en español
No Result
View All Result
  • Home
    • News
    • Entertainment
    • The Baller Alert Show
    • Baller Alert Lists
    • Baller Alert Exclusives
    • Let Me Liv
    • Ballerific Music
    • That’s Baller
    • Fashion
    • Metaverse
    • Tech
    • Lifestyle
    • Sports
    • Op-Ed
    • Travel
    • Health
  • EVENTS
  • Videos
  • Shop
  • About
  • Political News
  • en español
No Result
View All Result
Baller Alert
No Result
View All Result

Compton Is Giving 800 Low-Income Residents Guaranteed Income For Two Years

by Precious Gibson
October 21, 2020
Reading Time: 2 mins read
2
Smalll BUsiness Loans

twenty20

Share on FacebookShare on Twitter

According to Census.gov, About 1 in 5 Compton residents live below the poverty line. In response to these statistics, the mayor of the city has vowed to assist those struggling residents through an initiative that will provide guaranteed income to 800 of them through the Compton Pledge program. Even better, the recipients will not be required to pay back any of the money they receive. 

The Compton Pledge program was announced on Monday by Mayor Aja Brown, who will lead the program in conjunction with the Fund for Guaranteed Income, the Jain Family Institute and several other organizations. Under this latest effort, a group of “pre-verified” residents will receive monthly cash payments that will be anywhere from $300 to $600. The funds are promised for a two year period. The objective is to “challenge the racial and economic injustice plaguing both welfare programs and economic systems.” The pledge is available to those “irregularly or informally employed residents, immigrants of varied legal status, and the formerly incarcerated.”

An online payment portal will be implemented to allow the qualifying residents to choose whether they would like to receive their funds via prepaid debit cards, electronic transfers or direct deposit. Since the program is giving away free money, it will also educate it’s recipients on managing their funds by providing no-cost banking and access to “existing financial, legal, and counseling services.”

“People in our community are going through tough times, and I know that guaranteed income could give people a moment to navigate their situation, and have some breathing room to go back to school, explore a new career path, spend time with their children, or improve their mental and emotional well-being. Ensuring all people are able to live with dignity is something we should all strive for in America.” Brown said in her statement. 

Compton’s unemployment rate is now at 21.9%, largely due to the ongoing coronavirus pandemic. 

Smalll BUsiness Loans

Share this:

  • Click to share on X (Opens in new window) X
  • Click to share on Facebook (Opens in new window) Facebook
  • Click to share on Mastodon (Opens in new window) Mastodon
  • Click to share on Reddit (Opens in new window) Reddit
  • Click to share on X (Opens in new window) X
  • Click to share on WhatsApp (Opens in new window) WhatsApp
  • Click to share on Tumblr (Opens in new window) Tumblr
  • Click to email a link to a friend (Opens in new window) Email
  • Click to share on Pinterest (Opens in new window) Pinterest

Like this:

Like Loading...

Discover more from Baller Alert

Subscribe to get the latest posts sent to your email.

Tags: compton

Related Posts

Diddy Reportedly Could Seek Trump Pardon as Sex Trafficking Trial Intensifies
News

Diddy Might Get a Pardon? Trump Speaks on It [Video]

May 30, 2025

Donald Trump addressed the legal turmoil surrounding music mogul Sean “Diddy” Combs. During a recent press conference, a reporter pressed...

Rep. Steube Wants to Rename D.C. Metro the ‘Trump Train’
News

Florida Politician Wants to Rename D.C. Metro the ‘Trump Train’ (WMAGA)—No New Name, No Federal Cash

May 30, 2025

Florida Congressman Greg Steube is shaking up the transit world—at least he's trying to. The Republican lawmaker just dropped a...

Zion Williamson Donates $100,000 to Support Victims of Bourbon Street Attack
News

Pelicans Star Zion Williamson Accused of Rape—Civil Lawsuit Alleges Brutal Abuse Over 5 Years

May 30, 2025

New Orleans Pelicans forward Zion Williamson is facing serious accusations from a former girlfriend who filed a civil complaint in Los...

RFK Jr. Says He’ll Ban Government Scientists From Publishing in “Corrupt” Top Medical Journals
News

White House ‘Make America Healthy Again’ Report Cited Studies That Don’t Exist, Say Authors

May 29, 2025

The White House is catching serious heat over a new report on children’s health that was supposed to be a...

Next Post

“Legally Blonde 3” Gets A May 2022 Release Date

Comments 2

  1. Chinasa Ugwuzor says:
    5 years ago

    How do you sign up

    Reply
  2. Shelita says:
    5 years ago

    How you sign up for Compton program, I need help,

    Reply

Leave a ReplyCancel reply

Baller News

Subscribe To Our Newsletter

* indicates required

Follow Us

Subscribe to Blog

Enter your email address to subscribe to this blog and receive notifications of new posts by email.

© Copyright 2024, Baller Alert Inc. All Rights Reserved

No Result
View All Result
  • Home
    • News
    • Entertainment
    • The Baller Alert Show
    • Baller Alert Lists
    • Baller Alert Exclusives
    • Let Me Liv
    • Ballerific Music
    • That’s Baller
    • Fashion
    • Metaverse
    • Tech
    • Lifestyle
    • Sports
    • Op-Ed
    • Travel
    • Health
  • EVENTS
  • Videos
  • Shop
  • About
  • Political News
  • en español
%d