People's Prosperity Pilot (PPP)
The People's Prosperity Pilot was launched in 2020 by Mayor Melvin Carter.
150
participants
$500
monthly payment
1.5 Years
duration
$1,350,000
invested in community
| Pilot Features | |
|---|---|
| Number of Participants | 150 individuals |
| Median Household Income | $12,000 per year |
| Amount | $500 |
| Frequency | monthly |
| Program Dates | October 2020-March 2022 |
| Eligibility | St. Paul resident with a child with a CollegeBound Saint Paul college savings account and has been impacted financially by COVID-19. |
About the People's Prosperity Pilot (PPP)
The City of Saint Paul launched the People’s Prosperity Guaranteed Income Pilot in October 2020. The People’s Prosperity Pilot was offered to families participating in CollegeBound Saint Paul, the City’s college savings initiative, which is providing every child born to a Saint Paul resident on or after January 1, 2020 with a college savings account and a $50 seed deposit. In an effort to build families’ wealth while supporting their income, their child also received a monthly $10 bonus deposit in their CollegeBound Saint Paul account. The People's Prosperity Pilot was the first guaranteed income program run inside city government and with public funds through the CARES Act and MN Department of Human Services.
Data last updated on 9/28/2022.
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Get demographic data (PDF)COMMUNITY FEATURES
$44,797
$38,000
Median household income
21.2%
20%
Poverty rate
37.3%
31%
Housing burden
31.2%
40%
Childcare cost burden
8.5%
8%
Unemployment rate
STOCKTON
STATE MEDIAN
Spending Breakdown
The data in this pie chart shows aggregate spending for guaranteed income participants in St. Paul, MN (PPP). This includes all non-cash expenditures from the participants' pre-paid debit card that is loaded with guaranteed income payments monthly.
Spending breakdown
Retail sales and services accounted for the largest share of spending, at 55.35%, followed by Food and groceries (28.05%) and Transport related expenses (5.74%).
