Anecdotally, the Denver Basic Income Project has saved lives. According to new research on the program that provided no-strings-attached cash to 807 homeless adults in Denver, it also saved taxpayers significant money throughout its first-year pilot program. The savings manifested in program participants staying in homeless shelters less frequently, requiring fewer ambulance rides, emergency room visits and hospital stays, and spending fewer nights in jail or drug and alcohol treatment centers, a report released Tuesday morning shows. Decreases in those categories added up to more than $589,000 saved, according to estimates from researchers with the Center for Housing and Homelessness Research at the University of Denver. Denver Basic Income Project founder Mark Donovan knows that while improvements in participants’ well-being and quality of life are the core goals of the effort, demonstrating the efficacy of basic income payments on reducing strain on public services is part of what will convince more governments, charities and individuals to support the concept in the future. “As demonstrated in the Year One report, the program not only significantly increases housing stability for participants, but also reduces reliance on public services, like emergency room visits and public shelters,” Donovan said in a statement released alongside the report on Tuesday morning. The pilot program was the largest of its kind studying the impact of direct cash on people who are homeless, according to program runners. Utilizing $9 million cobbled together from contributors including $2 million in federal funds dedicated by the city of Denver, the program split enrollees into three cohorts.

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