Richmond Resilience Initiative, VA
The Richmond Resilience Initiative (RRI) was launched in 2020 by Mayor Levar Stoney.
64
participants
$500
monthly payment
2 Years
duration
$767,992
invested in community
The Richmond Resilience Initiative (RRI) was launched in 2020 by Mayor Levar Stoney.
64
participants
$500
monthly payment
2 Years
duration
$767,992
invested in community
Pilot Features | |
---|---|
Number of Participants | 64 individuals |
Median Household Income | $0 per year |
Amount | $500 |
Frequency | Monthly |
Program Dates | October 2020-May 2024 |
Eligibility | Currently reside in the city of Richmond, Virginia; employed and earning over $12.71 per hour (the full-time wage federal benefits threshold); have children under the age of 18 living in the household; and not receiving federal benefits, including housing vouchers or assistance. |
The Richmond Resilience Initiative (RRI), Mayor Levar Stoney’s guaranteed income pilot was, established in 2020 to support residents in Richmond, Virginia, impacted by the ‘cliff effect.’ Through its partnership with UpTogether, the Office of Community Wealth Building in the city’s Human Services division is engaging individuals and families that do not make a living wage yet and do not qualify for federal benefits due to their household income. RRI, now in its second cohort, strives to help residents thrive and not merely survive by offering a supplement to their income for $500 monthly for 24 months. Additionally, the Office of Community Wealth Building provides participants with financial literacy education in collaboration with the Richmond City Treasurer’s Office of Financial Empowerment. RRI is supported through funding provided by Mayors for a Guaranteed Income and the Robins Foundation.
Data last updated on 12/20/2022.
$44,797
$38,000
21.2%
20%
37.3%
31%
31.2%
40%
8.5%
8%
STOCKTON
STATE MEDIAN