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Paterson’s guaranteed income program — 110 families will get $400 a month — moves forward

The City Council seems set to sign off on a program launched by the mayor that would provide 110 Paterson families with $400 per month for one year with no restrictions on how they spend the money.

Residents later this month will be able to submit applications to participate in a lottery for the 110 slots, a drawing that will be conducted by the Center for Guaranteed Income Research at the University of Pennsylvania’s School of Social Policy and Practice, officials said.