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Latina mothers will receive a monthly payment of up to 1,000 dollars for three years

2022-01-20T20:49:42.598Z


"I didn't know if it was a trick," said a beneficiary of this program, which also favors immigrants in New York. Experts have been surprised by how they spend that money.


By Lorie Konish -

CNBC

Latina women in New York City are on the verge of a major income boost thanks to the launch of a guaranteed resource program, called the Bridge Project, which will pay some expectant and baby mothers $500 to $1,000 a month for a period of three years.

A first group of 100 mothers began receiving payments last July;

approximately half of the participants are black women and the other half are Latina.

The leaders of the program have been surprised at how the mothers distribute the money.Andersen Ross/Getty Images

One in five is undocumented.

They reside in the Central Harlem, Inwood, and Washington Heights neighborhoods of Manhattan.

The project is scheduled to begin recruiting a second group of 500 new expectant mothers in April, this time targeting East Harlem in Manhattan, as well as the Central and South Bronx.

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The start of the program comes at a time when the United States is experimenting with new ways to distribute public money amid the coronavirus pandemic.

Thus, for example, the federal government sent three stimulus checks, and monthly child benefits of up to $300 per child were also approved, although they expired this January.

Ends the child tax credit that was granted to help families in the US.

Jan. 14, 202200:35

Without that monthly child tax credit money, nearly four million children could fall into poverty, according to research from Columbia University in New York.

Many American cities are also experimenting with their own guaranteed rent projects aimed at helping low-income residents improve their financial security.

The Bridge Project is the first to focus on New York.

The idea for the project comes from the Monarch Foundation, a private family foundation run by Holly Fogle, a social entrepreneur, and her husband, venture capitalist Jeff Lieberman.

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The foundation has contributed more than 16 million dollars to the project.

It will be studied as a randomized controlled trial in collaboration with the Center for Guaranteed Income Research at the University of Pennsylvania

Inspiration for the project came in part from Fogle's work with Nido de Esperanza, a nonprofit organization whose goal is

to help break the cycle of poverty by helping children in their first 1,000 days of life.

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Research from the Harvard Center for the Developing Child and other institutions has highlighted the importance of the impact of those first days in a child's life, he said.

“It was interesting what academics were saying and how little was carried over into practical life,” Fogle added.

The Bridge Project's early work has already seen how the extra funding has helped improve the lives of mothers, from helping them pay rent, maintain telephone service, or pay for everyday necessities like food or a baby chair.

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"We saw how smart mothers were about what to do with money," Fogle said, "trusting them to do what they needed to do for themselves and their family seemed like a great idea."

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Daniela Gutierrez, 28, of Harlem, said she was surprised to learn about the program when a social worker recommended she apply.

"I didn't know if it was a trick," he said.

Gutiérrez, a single mother, was accepted as part of the first group of women to receive aid since July.

She has been receiving $1,000 a month, a sum she describes as a lifeline.

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Since Gutiérrez's son is only 7 months old, he did not meet the deadline to qualify for the monthly payments of the child tax payment.

Meanwhile, Gutierrez's current job at a local university is only part-time.

Although she has been remote during the pandemic, she may soon be called back to the office, at which point she will have to pay for childcare.

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The monthly sum has provided Gutierrez with an income he can count on.

She's not as stressed as she would be without it, she says.

Plus, you can now pay for rent, internet, and items your baby needs like diapers, wipes, and clothes.

When she finds a full-time job, she hopes to save money for her son's college.

“It has helped me be a better mother,” Gutierrez said.

[Unemployment Falls Among Latinos Despite Fewer Jobs Created Than Expected in November]

As federal lawmakers on Capitol Hill debate sending additional enhanced monthly payments of the child tax credit to families, Lieberman said he hopes the bill will help show that providing help to families with young children is not a partisan issue.

“As we see success in terms of results, our absolute intention is to continue to expand,” said Lieberman.

"The real question is how do we get other like-minded people to join us and ultimately how do we start thinking about policy," he added.

Source: telemundo

All news articles on 2022-01-20

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