Guaranteed Income Program Prepares To Hand $8,000,000 To Residents in West Coast County – Here’s Who Will Benefit
A guaranteed income program is preparing to hand out $8 million in no-strings-attached cash to young people in a West Coast county.
Measure L is set to give at least $750 in monthly cash payments to people in Sacramento County between 18 and 24 years old who have been in the foster care system, reports the Sacramento Bee.
Measure L is a 2022 ballot initiative that allocates a portion of cannabis tax revenue to provide services to young people and assist those living below the poverty line.
Says Mónica Ruelas Mares of the Sacramento Children’s Fund Planning and Oversight Commission,
“This is a program that I think we could all agree is probably one of the most, if not the most important, within this fund.”
While the nitty-gritty details of the program have not been finalized, people looking to qualify for a slot must have an income at or below 200% of the federal poverty level, or about $31,000 per year.
Applicants must have residency ties to the Sacramento County region, and they must not be receiving funds from another guaranteed income program. The project is slated to begin in July of 2026.
Data shows that 587 foster youth were living in Sacramento County from July 2024 to June 2025.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
ICP's $4.92 Level Key as Energy Industry Drives Sustained Positive Outlook
- ICP token consolidates below $4.97 after failed $5.17 breakout, with $4.92 support critical for avoiding deeper correction. - Energy sector gains momentum as Constellation Energy secures $1B loan for Three Mile Island nuclear restart to support AI data centers. - GDS Holdings reports 74.4% data center utilization, reflecting strong demand for hyperscale infrastructure linked to AI expansion. - Analysts highlight energy-sector tailwinds for ICP's long-term potential despite near-term technical uncertainty
XRP News Today: XRP's Death Cross and $2.20 Breach Indicate Broad Market Downturn
- XRP跌破关键$2.20支撑位并形成死亡交叉技术形态,短期看跌信号显著增强。 - 技术分析预测价格可能进一步下探$1.25,跌破历史支撑区间引发持续性担忧。 - 加密市场整体承压,比特币/以太坊同步出现死亡交叉,显示行业性熊市趋势。 - 支持者指出XRP跨境支付优势或吸引抄底资金,但短期流动性紧缩加剧下行风险。

Bitcoin News Update: Bitcoin's Recent Decline: Can Institutional Investors Help Steady the Market or Intensify the Slump?
- Bitcoin's price drop below $85,000 has intensified debates as long-term holders offload over 400,000 BTC, per economist Peter Schiff's warning about "weak hands" deepening selloffs. - High-profile exits like Owen Gunden's $1.3B BTC liquidation highlight profit-taking by OGs, while institutions via ETFs have absorbed 2.39M BTC since 2024, per Ark Invest. - Market fragility worsens as gamma exposure forces dealers to sell near $85,000 support, but institutional demand could stabilize prices if buying conti

YFI Value Drops 4.78% Over the Past Week as Market Fluctuations Continue
- YFI rose 0.1% in 24 hours but fell 4.78% in seven days, with 14.2% monthly and 50% annual declines. - Price movements reflect broader market instability, not project-specific updates or governance changes in Yearn.finance. - Analysts predict YFI remains sensitive to macroeconomic trends and global investor sentiment in the near term. - Token consolidation continues without fundamental shifts, urging investors to monitor on-chain metrics and protocol updates.

