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1 RiversideCA.gov1
RiversideCA.gov
MATCHING FUNDS TO INLAND SOUTHERN CALIFORNIA UNITED WAY FOR GUARANTEED INCOME PILOT PROGRAMCity CouncilJune 20, 2023 RiversideCA.gov2
•Established in 1931•Originally United Way of the Inland Valleys•Serves over 1 millionlow-income people each year•Already successful in implementing financial assistance modelsINLAND SOUTHERN CALIFORNIA UNITED WAY
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2 RiversideCA.gov3
•Guaranteed Income (GI) Pilot Program grant opportunity announced July 2022oProvides unconditional, individual, regular cash payments intended to support basic needs of recipientsCA DEPT OF SOCIAL SERVICES GRANT •Inland Southern California United Way (ISCUW) received $5 million grant awardo1 of 7 pilot programs statewideoGrant requires 1:1 matching funds RiversideCA.gov4
FUNDRAISING TO DATEIn-Kind SupportClaremont McKenna CollegeLowe Institute as local research and evaluation partnerLoma Linda UniversityLeading community convening and survey questionsFirst 5 Riverside County Committed $2.5 millionSocial FinanceCommitted $300,000U.S. BankCommitted $150,000United Way Committed $50,000 6/8/2023
3 RiversideCA.gov5
500 pregnant people and 150 Transition Age FosterGUARANTEED INCOME PILOT PROGRAMTotal $10,800 per participantYouth will receive payments18 monthly payments of $600Wraparound services will be offered to all participantsLow income is defined as 200% LMI or below RiversideCA.gov6
500 low-income people in first or second trimester of pregnancy•Goal: Decrease burden of new costs during first year of life150 low-income youth aging out of extended foster care program (turning 21 years of age)•Goal: Increase opportunities for transitional age youth (TAY) without support systemsWHO WILL GI PILOT PROGRAM HELP?
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WHAT CAN THE MONEY BE SPENT ON?Retail sales and services33%Food and groceries33%Transport related expenses10%Housing & utilities9%Financial transactions7%Travel / leisure / entertainment4%Healthcare / medical expenses3%Misc. expenses1%Educational expenses0.5%Basic Income Guaranteed:Los Angeles Economic Assistance PilotFood and groceries37%Retail sales and services29%Transport related expenses15%Housing & utilities6%Financial transactions4%Healthcare / medical expenses3%Travel / leisure / entertainment3%Misc. expenses2%Educational expenses1%San Diego for Every Child Guaranteed Income Project RiversideCA.gov8
TIMELINEJuly 1, 2023 – Ramp up phase begins; partner convening and wraparound services planning; enrollment and outreach to participantsJanuary 1, 2024 – Payments begin to participantsMatching funds need to be committed by August 2023 6/8/2023
5 RiversideCA.gov9
UNITED WAY’S ASK•$1 million in matching funds, available from the interest earned on City ARPA fundsoThe purpose of ARPA funds is to help people post-COVID•No ARPA money would come from projects already approved by City Council RiversideCA.gov10
UNITED WAY•1 million people served by United Way annually•Non-profit of the Year for Greater Riverside Chambers of Commerce and Inland Empire Economic Partnership•#1 United Way in service in California
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Strategic Priority 2 – Community Well-BeingGoal 2.4- Support programs and innovations that enhance community safety, encourage neighborhood engagement, and build public trust.Cross-Cutting Threads
STRATEGIC PLAN ALIGNMENT
RiversideCA.gov12
That the City Council:1. Receive a report and consider matching funds to Inland Southern California United Way for a grant-funded Guaranteed Income Pilot Program; 2. With at least five affirmative votes, authorize the Chief Financial Officer, or designee, to record a supplemental appropriation from American Rescue Plan interest earnings, for grant match purposes, in the amount of $1,000,000 in the Grants & Restricted Programs Fund, United Way Guaranteed Income Program; and3. Authorize the City Manager to execute all documents necessary to complete the transaction, including making minor and non-substantive changes.RECOMMENDATIONS