Guaranteed Income Is Coming to NYC in 2026 — Here's What It Means

New York City is preparing to roll out a guaranteed income program that will provide $15,800 per person to disadvantaged residents. What Happened: The New York City Council has set aside $1.5 million in its 2026 budget for a new initiative titled “Cash with Care.” The program is aimed at assisting residents grappling with housing insecurity. As per the council report, the main goal of this guaranteed income program is to support young individuals transitioning from homelessness by offering a con