A city in Louisiana is attempting a new pilot program that would pay $660 a month to residents who qualify.

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The guaranteed income pilot program is being implemented by the city of Shreveport. The city said over 22,000 of their 188,000 residents applied for the program before the deadline.

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Of the 22,000 people that registered, only 110 will be chosen to take part in the program. To qualify for the guaranteed income program, the applicant must live in Shreveport, be a single parent, earn 120% below the Federal poverty level, and have a school-aged child.

The people who are chosen for the program will receive a payment of $660 a month for a year. There are no work requirements or restrictions on how the money can be spent.

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The program is privately funded by Mayors for a Guaranteed Income. Their organization raises private money across the country to start programs in other cities as well. The Caddo Parish Commission also donated $400,000 to help the program get started

Research findings will be gathered from the participants to track the effectiveness of the program. Here are the measurables that will be tracked:

  • The stability of the participating families’ income
  • Employment
  • Financial stability
  • Mental and physical health
  • Changes in behavior
  • School attendance and academic performance for school-aged children

The applicants will be chosen randomly by a third-party lottery company.

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