San Francisco has launched a new pilot program offering guaranteed monthly income to a number of low-income transgender residents of the city, Mayor London Breed announced on Wednesday.
Known as the Guaranteed Income for Transgender People (G.I.F.T.) program, the new plan will provide “economically marginalized transgender people with unrestricted, monthly guaranteed income as a way to combat poverty our most impacted community members face,” according to its official website.
Specifically, the website states that the monthly guaranteed income of $1,200 a month for up to 18 months will be granted to 55 low-income transgender residents.
Those residents will receive the funds via a pre-loaded debit Visa card which will be reloaded every month….