Destination: Home is proudly working with a coalition of partners on the Silicon Valley Guaranteed Income Project!
The Silicon Valley Guaranteed Income Project is a 2-year project designed to help participants achieve housing stability as well as greater independence over their lives, finances, and future.
150 Santa Clara County families who are experiencing or at risk of homelessness will receive $1,000/month in no-strings-attached income for 24 months.
This unconditional income is meant to give families the flexibility to decide how best to meet their needs – and participants will have complete freedom to use these payments however they choose.
This is one of the few guaranteed income projects to specifically focus on unhoused and marginalized families. We also intentionally sought to center racial and gender equity, as people of color and women-led households are both over-represented in our target populations and disproportionately impacted by our region’s housing and affordability crisis.
We are proud to be working with a broad coalition of partners, including: the İSí Se Puede! Collective, the UCSF Benioff Homelessness and Housing Initiative, Sacred Heart Community Service, Santa Clara County Office of Supportive Housing and UpTogether.
Studying the Impact of Guaranteed Income
The Silicon Valley Guaranteed Income Project will include a rigorous research and evaluation component to assess the effectiveness of guaranteed income on participants’ housing and economic stability, health and overall well-being. The evaluation is designed as a mixed-methods randomized controlled trial and will be among the first U.S.-based studies of guaranteed income as a homelessness mitigation strategy.
Why We Launched the Silicon Valley Guaranteed Income Project
Silicon Valley suffers from deep systemic inequities that are severely impacting the economic and housing stability of tens of thousands of families in our communities – with the greatest impacts felt by extremely low-income households and people of color.
Guaranteed income holds tremendous potential to address these systemic inequities, and through this project, we’re seeking to advance two key goals:
1. Stabilize homeless and housing-insecure families by providing unconditional, no-strings-attached cash.
2. Use the data and findings to shift the narratives around guaranteed income and inform local, statewide and national policy.
We believe that this project will help demonstrate the ways in which guaranteed income can not only help families gain greater independence over their lives, their finances, and their future, but also help address Silicon Valley’s deep systemic inequities and severe homelessness crisis.
This Exciting Project is Underway!
Notification and onboarding of participating families into the project is currently underway, and we will be posting periodic updates about this project over the course of the next two years.
Please note: Participation and enrollment is by referral only, and the project is closed to new referrals at this time. If you need help paying rent, you may be eligible to receive assistance through the Santa Clara County Homelessness Prevention System.
THANK YOU to the many private funders who are supporting this work including: Google.org, The David and Lucile Packard Foundation, Silicon Valley Community Foundation, and Sobrato Philanthropies.
We look forward to sharing more about the impacts we see from our guaranteed income project in the months ahead!
Guaranteed Income In the Press
Announcing the Launch of the Silicon Valley Guaranteed Income Project
Our community is suffering from a homelessness crisis that’s the result of several compounding and interrelated systemic inequities –a severe lack of…