Paterson, New Jersey, is on the brink of expanding its successful guaranteed income program aimed at supporting low-income families in the community. Launched as part of a nationwide movement to address wealth disparities, Paterson’s initiative has shown promising results, prompting Mayor Andre Sayegh to advocate for its expansion.
The program, which provides recipients with $400 per month for one year, has already demonstrated its impact. Families like that of Ritchie Reyes, whose mother, Monserrate, works tirelessly to support her loved ones, have benefited significantly. With the additional financial support, recipients have been able to alleviate financial burdens, particularly in areas such as food insecurity.
Mayor Sayegh emphasizes the positive outcomes of the program, noting a ripple effect that extends beyond individual households to benefit the entire community. With the initial rounds funded by private donations and later by federal COVID relief funds, the program has steadily grown. However, the demand far exceeds the current capacity, with thousands of applicants vying for a limited number of spots.
In response to the overwhelming need, Mayor Sayegh is seeking $5.5 million in state funding to expand the program to accommodate approximately 1,000 residents. This expansion aims to provide more families with the financial stability needed to pursue a more secure future.
Advocates for the guaranteed income program emphasize its potential to open pathways to financial security, offering hope for a brighter future for struggling families in Paterson. As the city continues to demonstrate the effectiveness of this initiative, there is growing momentum for similar programs nationwide.