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Andrew Yang's nonprofit to give 20 Hudson residents $500 a month for five years

May 11, 2020 1:30 pm
Chris Sommerfeldt is reporting for the New York Daily News former Democratic presidential candidate Andrew Yang's nonprofit organization, Humanity Forward, has announced it is working with Spark of Hudson to provide 20 Hudson residents with $500 a month for the next five years. The effort is part of Yang's political push for a universal basic income. His presidential campaign centered on the idea that every adult American should receive a monthly $1,000 stipend from the federal government. In an interview with the Daily News last week, Yang said the 20 recipients have yet to be identified. “This is what our government should be doing, not just for 20 people, but for everyone,” said Yang. The total price tag for the Hudson project will be $600,000, he said. Humanity Forward, will foot half the bill and the rest will be covered by Spark of Hudson. Yang said Humanity Forward will keep tabs on how the 20 individuals spend their cash and research the results. Once selected the program participants will be introduced to one other at kickoff meetings and remain known only to each other and tproject staff. The Hudson project is the first long-term investment effort attempted so far by Yang's nonprofit. Read the full story in The Daily News.
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