New Mothers= Free Money

In July of 2021, 100 new mothers in Washington Heights, Harlem and Inwood began receiving free money from a program called the Bridge Project: a $16 million effort, funded by a foundation started by a venture capitalist and his wife, to measure the effect of regular, unconditional stipends on low-income families.

The Bridge Project’s mission also dovetails with growing evidence that money invested in a child’s first few years yields long-term benefits in academic success, adult earnings and health. It will be interesting to see how this observational study fares for maternal and child outcomes in the future.

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