Mayor Ras J. Baraka will host a press conference to announce the launch of Newark’s historic Guaranteed Income (G.I.) pilot program, The Newark Movement for Economic Equity, on the front steps of City Hall, on Monday, May 10, at 1 p.m. City Hall is located at 920 Broad Street.
Guaranteed Income is an unconditional monthly cash payment given directly to individuals – no strings attached and no work requirements. Guaranteed income is rooted in a history of racial justice – in 1967, against a similar backdrop of civil unrest and racial reckoning, Dr. Martin Luther King, Jr., called for guaranteed income as the simplest and most effective solution to poverty.
The Newark Movement for Economic Equity is yet another initiative undertaken by the Mayor to provide economic relief for Newark’s residents while building an equitable city for all Newarkers.
The City of Newark has identified $2.2 million in private funds to date, led by the Victoria Foundation.
Participants in the program will speak at the press conference.
For more information on the Newark Movement for Economic Equity, please visit our website at https://newarkequity.org/
