A study last year found 40% of American adults don’t have the funds available in cash or savings to pay for an emergency. In San Francisco, many employed adults are one emergency away from financial catastrophe.
The Worker’s Lab awarded San Francisco a $150,000 grant to launch a pilot program. The grant will support minimum wage workers at San Francisco International Airport (SFO).
We are thrilled to see this article written by the San Francisco Chronicle:
Low-paid airport workers, including custodians and caterers, will be able to draw down $500 apiece annually if an emergency strikes, like their car breaking down or a big medical bill popping up. These employees work for private companies — not the city itself — but are crucial to keeping the city’s airport running smoothly.
A new Innovation Fund cycle begins in 2020. We’ll start accepting applications again in March 2020. To receive a notification and more information on how to apply, sign-up for updates.