2 min

The Bridge Project Gives Cash to Low-Income Mothers

Aug 25, 2022
in a nutshell
  • The Bridge Project is a program that gives cash to low-income mothers.
  • The money can help mothers pay for formula, diapers, and even to invest the money into the child's future.
  • There are other programs designed to help new mothers such as Magnolia Mother’s Trust and Baby’s First Years.
Image of The Bridge Project is a program that gives cash to low-income mothers. Here’s how it, and similar programs, can help new, low-income mothers.
in a nutshell
  • The Bridge Project is a program that gives cash to low-income mothers.
  • The money can help mothers pay for formula, diapers, and even to invest the money into the child's future.
  • There are other programs designed to help new mothers such as Magnolia Mother’s Trust and Baby’s First Years.

When Shakeya Hudson’s friend messaged to tell her there was a program giving free money to mothers in her zip code, Hudson was a bit skeptical. But she was pregnant with her first daughter and the pandemic had eliminated one of the two jobs she was working. She decided to apply.

“I didn’t expect it to go through,” Hudson, 33, says. “I said I’d try it and see if someone calls me back.”

Someone did call her back, and since July 2021 she has received $1,000 per month in guaranteed cash payments from The Bridge Project. She is one of 100 moms who are receiving unconditional, monthly cash payments for three years from the program.

Hudson, who lives in New York City, mainly uses the money on formula and diapers, she says. It also buys her a little bit of breathing room.

“It helped with my daughter and it boosts your confidence because it takes a load off your chest,” she says. “You don’t have to stress over something because you know you have that extra income coming in.”

Before The Bridge Project, she was working 2 jobs

Hudson was working two jobs before the pandemic started: As a security guard at a hospital where she earned $40,000 per year and as a temporary worker for the Department of Education, helping teachers with special needs students. Her income from teaching varied based on how many shifts she picked up.

When the pandemic hit, her help was no longer needed at the school, and she was suspended from the hospital because it claimed she faked a doctor’s note. Hudson says she did not falsify the note and is working with her union to get her suspension lifted and obtain her final paycheck.

“I went from working two jobs to working one job to working no job,” she says. “It’s just like down, down, down.”

Now Hudson is back to working at the Department of Education. She helps teach in a classroom with six children and tries to pick up as many shifts as possible. However, her contract doesn’t include any paid time off.

″[My daughter] had Covid in November 2021 so that was a whole two weeks that I missed and I couldn’t go to work,” she says. “And then holidays, I don’t get paid.”

The cash payments Hudson receives through The Bridge Project make her finances a little less precarious.

Extra money for saving

Pretty much all the money Hudson receives from The Bridge Project goes to her daughter’s immediate needs. “We spend almost $300 a month on formula,” she says.

She uses some of the money to create memories with her daughter, too. “I took her to the CoComelon show,” she says. “Those tickets were $150 and that’s how I was able to pay.”

She is also putting some money into a fund that her daughter won’t be able to access until she is 18.

“It can be a college fund, or if she ever wants to go on a nice little vacation with friends,” she says. “Schools take you on those kinds of trips now if you want to go aboard. Whatever you want to do, this is your money, you’re saving.”

Shakeya Hudson at her daughter’s first birthday party. Courtesy of Shakeya Hudson.

Some programs focus on new mothers

Like The Bridge Project, there are many nonprofits that focus on new mothers as recipients for guaranteed cash payments.

Baby’s First Years, for example, is a program that gives unconditional cash payments to low-income mothers in four cities: New York City, New Orleans, Omaha, Nebraska, and Minneapolis-St. Paul, Minnesota. Magnolia Mother’s Trust in Jackson, Mississippi distributes $1,000 per month for one year to low-income, Black mothers. 

“There is a lot of literature out there that points to the prenatal period and the first 1,000 days being the crux of development,” said Megha Agarwal, executive director of The Bridge Project.

Giving low-income mothers cash payments for the first year of their baby’s life appears to increase the baby’s brain activity, according to a study that analyzes data from the project Baby’s First Years. The activity is associated with developing stronger cognitive skills.

Most research from guaranteed cash programs show that, like Hudson, recipients spend money on the basics.

In the Magnolia Mother’s Trust, for example, mothers who were able to pay bills without additional support jumped from 37% to 80%, and the percentage of mothers who were able to cook homemade meals increased, according to a study by the Economic Security Project analyzing the program’s data.

“Mothers are using it on necessities like diapers, food, formula, and electricity,” Agarwal said of The Bridge Project. “Then you see mothers who are saving it. One mother is putting aside half of the payment every month to afford a better apartment in the future. We have a mother who was able to leave her previous job and go back to nursing school.”

For Hudson, the payments have been “a big help” and even taught her how to budget better.

“I used to only have to budget for myself,” she says. “Now I budget for two people, so the extra income has to be spent on her needs.”

This material has been presented for informational and educational purposes only. The views expressed in the articles above are generalized and may not be appropriate for all investors. The information contained in this article should not be construed as, and may not be used in connection with, an offer to sell, or a solicitation of an offer to buy or hold, an interest in any security or investment product. There is no guarantee that past performance will recur or result in a positive outcome. Carefully consider your financial situation, including investment objective, time horizon, risk tolerance, and fees prior to making any investment decisions. No level of diversification or asset allocation can ensure profits or guarantee against losses. Article contributors are not affiliated with Acorns Advisers, LLC. and do not provide investment advice to Acorns’ clients. Acorns is not engaged in rendering tax, legal or accounting advice. Please consult a qualified professional for this type of service.

Aditi Shrikant

Aditi Shrikant was a lead reporter for Grow.

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