Baltimore Young Families Success Fund (BYFSF)

The Baltimore Young Families Success Fund (BYFSF) was launched in 2022 by Mayor Brandon Scott.

200

participants

$1,000

monthly payment

2 Years

duration

$4,800,000

invested in community

Pilot Features  
Number of participants200 individuals
Median Household Income$7,350 per year
Amount$1,000
Frequencymonthly
Program DatesAugust 2022-July 2024
Eligibility18-24 years old, Baltimore city residents, biological or adoptive parents, guardians, or have full or partial care taking responsibilities, and have an income at or below 300% of the federal poverty line, based on household size.

About the Baltimore Young Families Success Fund (BYFSF)

Baltimore is the birthplace of redlining and residential segregation. That legacy shows up in stark inequalities and continues to shape life in the City today. These inequalities have only been exacerbated by the COVID-19 pandemic and have disproportionately impacted low income families. Baltimore Young Families Success Fund (BYFSF) will combat the economic fallout from COVID-19 by providing payments to young parents who have been hit hardest by the crisis with schools and daycare closing, experiences of unemployment, and housing or food insecurity. Now more than ever we have an opportunity to create a more resilient economy and financial stability to families through guaranteed income. To ensure the economic security and dignity of Baltimore City residents, we must be willing to invest in bold solutions such as a guaranteed income through the BYFSF.

Data last updated on 9/28/2022.

“We live in a world now where we feel like work is the thing. But it doesn’t really make any sense when we’re not taking care of ourselves or our families the way that we want to.”

DejaJoelle

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