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Denver gave more than 800 people up to $12K to find housing. See what happened a year later

Meena Duerson

July 29, 2024 |

CNN |

Broadcast TV News |

3-5 Minutes

Response Location: United States, Denver, Colorado

The Denver Basic Income Project gave no-strings-attached funding to people experiencing homelessness, with some participants receiving $1,000 per month, some receiving a lump sum of $6,500 followed by $500 monthly payments, and some receiving $50 per month. After one year, almost half of the participants had found stable housing, and research showed that the program likely saved the city nearly half a million dollars in costs for services like ambulance rides and shelter stays.

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