Beneficiaries are 40 percent less likely to report debt from emergency loans; 20 percent more likely to have children performing at or above grade level; 27 percent more likely to seek professional medical help for sickness or chronic illness; and are able to budget up to $150 more for food and household costs, resulting in lowered food insecurity and struggles with basic needs.
Author Archives: Oscar Perry Abello/Next City
Oscar Abello is Next City's senior economics correspondent. He previously served as Next City’s editor from 2018-2019, and was a Next City Equitable Cities Fellow from 2015-2016. Since 2011, Oscar has covered community development finance, community banking, impact investing, economic development, housing and more for media outlets such as Shelterforce, B Magazine, Impact Alpha, and Fast Company.