There have been separate studies done on cash assistance and financial mentoring that have proven success, but there aren’t any on both together, said Jaime Wesolowski, Methodist Healthcare Ministries of South Texas president and CEO.
must live in one of the 13 zip codes in Bexar County with the highest poverty rates.
There will be 125 people in each group, except for the control group, which will consist of 200 people, since more of this group might drop out of the study, Wesolowski said. They will be given H-E-B gift cards as an incentive to stay. Ultimately, the study will help guide Methodist Healthcare Ministries’ funding decisions, Wesolowski said.
In the meantime, 250 residents will have a guaranteed income for two years and 125 will receive mentoring, he said. “I think there’s gonna be a great return on investment. … I hope that similar organizations [looking to] make a difference in economic mobility will learn from this throughout the United States and hopefully throughout the world.
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