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An experiment doled out money to homeless people in Denver, no strings attached. Here’s what happened.
Key Excerpts from Article on Website of Colorado Sun

Urban Peak case managers Gabriella Materon and Dara Amott, right, distribute outreach aid to an encampment of unhoused Denver residents under the Sixth Avenue Freeway on February 15, 2024, in Denver. (Andy Colwell, Special to The Colorado Sun)

Colorado Sun, June 19, 2024
Posted: July 16th, 2024
https://coloradosun.com/2024/06/19/homeless-payments/

More than 800 people were selected to participate in the Denver Basic Income Project while they were living on the streets, in shelters, on friends’ couches or in vehicles. They were separated into three groups. Group A received $1,000 per month for a year. Group B received $6,500 the first month and $500 for the next 11 months. And group C, the control group, received $50 per month. About 45% of participants in all three groups were living in a house or apartment that they rented or owned by the study’s 10-month check-in point, according to the research. The number of nights spent in shelters among participants in the first and second groups decreased by half. And participants in those two groups reported an increase in full-time work, while the control group reported decreased full-time employment. Parents of kids under 18 ... reported statistically significant improvements in “parental distress” after receiving money for 10 months. Researchers tallied an estimated $589,214 in savings on public services, including ambulance rides, visits to hospital emergency departments, jail stays and shelter nights. The $9.4 million project was funded by a mix of public and private money, including $1.5 million from The Colorado Trust and $2 million from the city of Denver’s pot of federal pandemic relief money.

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