Youth Homelessness Guaranteed Income Pilot Program Act of 2024

The Youth Homelessness Guaranteed Income Pilot Program Act of 2024 would establish a 36-month pilot program providing monthly cash payments to up to 105,000 homeless youth and young adults aged 18-30. Participants would receive payments of at least $1,400 per month (or the adjusted fair market rent for a 2-bedroom home in their area) along with housing navigation services, financial coaching, and workforce development support. The program would prioritize individuals from historically marginalized communities and include a study to evaluate how direct cash payments affect housing stability, economic outcomes, and health for participants. The bill aims to address systemic barriers to stable housing faced by homeless youth, particularly those from Black, Indigenous, and other communities of color.