$1,000 monthly stipend provided to people experiencing homelessness in Denver as part of the Denver Basic Income Project:
[2] After 10 months in the program, 44% of the participants who received $1,000 per month lived in a house or apartment they rent or own. This was higher than the 43% of the control group who secured housing without the $1,000 monthly stipend.
[2] Surveys also found that 48% of participants receiving the $1,000 monthly stipend reported having stable housing after 10 months, compared to 46% in the control group.
[2] The study estimated that the program resulted in significant cost savings for public services, as participants spent less time accessing resources like shelters, hospitals, and jails.
Monthly stipend made virtually no difference in securing housing. Stipend group was higher than control group by a trivial amount or within margin of error.
Citations:
[1] https://www.latimes.com/california/story/2024-04-30/monthly-payments-of-1-000-could-get-thousands-of-homeless-people-off-the-streets-researchers-say
[2] https://coloradonewsline.com/2024/07/05/study-no-strings-attached-cash-denver/
[3] https://www.washingtonpost.com/magazine/2022/10/24/universal-basic-income/
[4] https://www.hoppier.com/blog/what-is-a-stipend
[5] https://college.unc.edu/2021/03/universal-basic-income/