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City staff report updates on Richmond Resilience guaranteed-income cohort; committee forwards contract with UpTogether/FII National
Summary
Office of Community Wealth Building staff updated the committee on the Richmond Resilience Initiative cohort (880 applicants), explained that UpTogether will administer the next round and return administrative funds, and the committee voted to forward an ordinance authorizing a grant/contract to FII National for implementation.
Derek Wadley, program operations supervisor and program manager for the Richmond Resilience Initiative in the Office of Community Wealth Building, told the committee the current cohort recruitment launched May 26 and that 880 applicants had qualified for consideration.
The update is significant because the city is authorizing a contract to implement a guaranteed-income pilot that provides $500 per month for 24 months to selected participants, and the administration said the program’s administrative costs will be reduced for…
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