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PATERSON, NJ GUARANTEED INCOME PILOT LEADS TO FINANCIAL STABILITY, INCREASED SAVINGS, AND REDUCED STRESS

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Residents see tangible benefits with $500 monthly guaranteed income

PATERSON, N.J., Feb. 26, 2024 /PRNewswire/ — Today, Mayors for Guaranteed Income and the Office of Mayor Andre Sayegh welcomed the release of independent data on the Paterson Guaranteed Income Program, showcasing significant improvements in financial stability, increased savings, and reduced stress for participants.

The pilot, administered by the City of Paterson, provided a monthly payment of $500 to 110 city residents from June 2021 to June 2022. To qualify, recipients had to be 18 years of age and older, with an annual income below $30,000 for a single person or below $88,000 for a family. Researchers from the University of Pennsylvania collaborated with Paterson to set up a control group and analyze data from the pilot, which has been released today.

Key findings include:

Pilot participants increased their financial stability. While the control group’s ability to cover a $400 emergency sharply declined, guaranteed income recipients not only maintained their ability, over 15% saved more than $500 by the 12-month mark.There were shifts in employment patterns within the treatment group, with a rise in gig work and self-employment. Recipients increased their income significantly, from an average of $16,604 at the start to $24,810 six months after the pilot ended, compared to the control group’s $19,078.Participants found a balance between paid work and caregiving responsibilities, showcasing the program’s support in fostering work-life balance.The cost burden of housing was reduced for the treatment group, and their home quality perceptions improved. The program empowered individuals to make positive changes in their living spaces, from small improvements to significant investments.The study also showed mental health improvements, with recipients experiencing a significant decrease in distress levels and chaos that continued six months after the program ended.Beyond individual impact, the program strengthened social ties within the community. Participants engaged in community work, shared resources, and considered the program a valuable asset in fostering a sense of belonging.

“The guaranteed income program is not only about putting money in people’s pockets, it is also about restoring dignity,” said Paterson Mayor Andre Sayegh. “This pilot demonstrated the power of relatively small, no strings attached payments. Our goal is to seek more private and federal dollars to support a possible expansion of the program.”

Dante, a Paterson guaranteed income recipient identified in the report, said, “I have never been able to build credit at all. But now since I have the sort of steady income and I know it’s going to be coming in, I took some of the money out. I put it in a bank account, and I opened up one of those credit cards that they use like with your own money. And I’ve been able to, you know, finally have credit. And it’s going well. I have—you know, my credit is like at 712 I think now…The credit card, it was a risk that I never took.”

The Paterson Guaranteed Income program demonstrated its potential to bring about transformative change in the lives of participants, addressing financial instability, mental health challenges, and fostering community connections. As the report concludes, the program stands as a beacon of hope and a model for innovative approaches to addressing socio-economic challenges. Overall, guaranteed income seemed to temporarily free participants from time scarcity,  allowing  them  to  make deliberate  choices around parenting,  workforce participation, and time for self and family.

Building off early success, Mayor Andre Sayegh expanded the Guaranteed Income Pilot Program in October 2023. An additional 200 recipients were selected to receive $400 per month for 12 months. The expansion was funded entirely by American Rescue Plan dollars.

“Just last week, Mayors for a Guaranteed Income released polling showing that a healthy majority of voters — nearly two-thirds — support guaranteed income because they’ve seen it work in communities across the country. The results in Paterson, NJ are yet another proof point that guaranteed income works, and makes families stronger and more resilient,” said Michael D. Tubbs, founder of Mayors for a Guaranteed Income. “It’s time to move from pilots to permanent policy.”

Paterson’s pilot is affiliated with Mayors for a Guaranteed Income, a coalition of 150 mayors and growing. The research findings from Paterson build upon similar results from the mayor-led guaranteed income programs in Stockton, CA, and St. Paul, Minnesota, which provided families with $500 per month for two years. Researchers found statistically significant gains in employment, financial stability, mental health, and overall well-being.

Read the full report on the Paterson Guaranteed Income program here.

Founded in June of 2020 by former Stockton Mayor Michael Tubbs, Mayors for a Guaranteed Income is a coalition of nearly 150 mayors committed to advancing a federal guaranteed income – direct, recurring cash payments to middle and low-income people. Expanding to include city and county legislators in 2023 with Counties for a Guaranteed Income, the network acts as a research and resource hub for municipal pilots around the country–nearly 60 and counting. A new documentary film, It’s Basic, which premiered at the Tribeca Film Festival in June 2023, follows recipients and illuminates the life-changing impact of guaranteed income programs on families’ economic security and opportunity.

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SOURCE Mayors for a Guaranteed Income

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FUTURE OF CARBON POLICY FORUM FEATURED A “RACE” OF SEDANS TO SEMIS & THE GIULIANI CLEAN ENERGY AWARD

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AUBURN, Wash., Jan. 7, 2025 /PRNewswire/ — Clean & Prosperous Institute’s 7th Annual Future of Carbon Policy Forum showcased the state’s latest advancements in clean energy while featuring a “race” of electric vehicles, from sedans to semis, around the Pacific Raceways track in Kent. 

“We put I-2117 in the rear-view mirror, but we are still in a race against time to transition to a clean energy economy,” said the Institute’s Executive Director, Michael Mann. “Given the latest news on emissions in Washington, we need to accelerate our transition from polluting and expensive fossil fuels to cheaper and cleaner sources of energy for our transportation needs.

“These big rigs being featured here today will help make it possible to beat the clock and realize that clean energy economy.” 

In order to encourage the purchase of zero-emission medium and heavy-duty vehicles, Washington State has allocated over $100 million for incentives. This funding aims to offset the costs associated with transitioning to cleaner vehicle options.

This year’s David and Patricia Giuliani Clean Energy Entrepreneur Award, an annual feature at the forum, was presented to Edo, a company that partners with utilities to transform commercial buildings into virtual power plants (VPPs). Created by McKinstry and Avista, Edo enhances energy efficiency, reliability, and decarbonization by optimizing buildings to be grid-interactive, offering electric utilities valuable demand flexibility. Through its innovative approach to energy and demand optimization, Edo is leading the way toward a decarbonized future. 

“On behalf of Edo, I want to sincerely thank the Clean & Prosperous Institute for this incredible recognition,” said Hendrik Van Hemert, Edo’s Managing Director. “Your dedication to advancing clean energy and sustainable solutions resonates deeply with Edo’s mission, where we work tirelessly to empower communities through equitable economic development and sustainable infrastructure. This award is a testament to the collective impact we can achieve when organizations like ours come together to champion innovative and practical solutions for a cleaner, more prosperous future.”

In addition to Edo, Atlas Agro and Airbuild were also finalists for the award. Atlas Agro is revolutionizing fertilizer production with its Pacific Green Fertilizer Plant, which uses renewable energy to create low-carbon fertilizer, significantly reducing GHG emissions. Airbuild is leading the way in clean energy with its innovative biopanels and biopods systems that generate solar power, capture carbon, and filter water, offering a unique 3-in-1 solution to drive sustainability. 

For video and other assets from today, please check here.  Media, please contact Lee Keller or Danielle Mercure for interviews or additional information at lee@thekellergroup.com or danielle@thekellergroup.com.

More About Clean & Prosperous Institute
The Clean & Prosperous Institute (formerly the Low Carbon Prosperity Institute) works to responsibly tackle climate change and carbon reduction at the state level. We leverage resources, prioritize truth-telling, and strive for improved government and private-sector collaboration. Our core focus is system design, delivering technically accurate, long-term greenhouse gas reduction strategies that guide policy decisions. We thoroughly explore opportunities and complex risk factors associated with crafting climate policy from the state level upward. We strongly believe in the power of business leadership, bipartisan problem-solving, and data-driven public policy.

Media Contact: Lee Keller
Call or text: 206.799.3805
lee@thekellergroup.com

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JLL APAC Applauded by Frost & Sullivan for Enhancing Property Performance and Delivering Customer Value in Real Estate

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JLL APAC’s deep industry expertise, state-of-the-art capabilities, and customer-driven approach position it to redefine the FM industry and reinforce its leadership.

SAN ANTONIO, Jan. 7, 2025 /CNW/ — Frost & Sullivan recently researched the facility management industry and, based on its analysis, recognizes Jones Lang LaSalle (JLL) Asia-Pacific (APAC) with the 2024 Asia-Pacific Company of the Year Award. The company is a global real estate leader that helps enterprises optimize real estate strategies to meet their operational needs and business goals. The company offers comprehensive solutions and services across the real estate spectrum, including integrated facility management (IFM). With its innovative, cutting-edge solution suite, JLL APAC enhances property performance, fosters ideal work experiences, and delivers value for clients spanning multiple industries, such as finance, government, information technology, and manufacturing. It integrates advanced technology, leverages scientific insights, and designs sustainable spaces to drive innovation and deliver significant customer value. The company goes beyond traditional FM practices, exploring neuroscientific principles to develop its innovative solutions.

JLL APAC’s Work Science initiative studies unique individual work patterns and diverse cognitive styles to power its human-centric workspace designs and create optimal work environments. It enhances workforce productivity, collaboration, and employee well-being and satisfaction. Aimed at helping C-suite executives and senior leaders tackle complex challenges and drive their organizations forward, the value-added JLL Future Labs service curates immersive, multi-sensory collaboration experiences that foster innovative thinking and synergy and accelerate decision-making. JLL APAC leverages artificial intelligence (AI) and machine learning to unify operations among diverse facility management stakeholders and eliminate data silos, enhancing collaboration and decision-making toward optimized building performance. Its comprehensive AI-enhanced JLL Serve FM application streamlines operations, automates processes, digitizes maintenance and reporting, and provides real-time visibility to optimize building usage, minimize costs, save time, and boost returns.

Janice Wung, industry principal at Frost & Sullivan, observed, “JLL APAC’s bold approach to exploring innovative insights beyond traditional FM scope, such as neuroscientific principles, enhance its solutions and deliver impactful results. Its foresight in technology integration is a key differentiator, empowering the company to remain at the forefront of the industry and capitalize on emerging market opportunities.”

JLL APAC’s Smart Building Platform helps clients enhance operational performance with real-time and remote asset monitoring, enabling continuous oversight, rapid problem detection, predictive maintenance, and improved occupant comfort. The platform drives cost optimization, enhances operational efficiency, and promotes sustainability while ensuring occupant comfort and safety. JLL APAC’s expert integration of the Internet of Things, big data, and intelligent technology enhances service excellence, promoting sustainability and propelling the FM industry into the future. Furthermore, its world’s first large language model specifically for the commercial real estate industry, the JLL Generative Pre-trained Transformer (JLL GPT) AI platform, performs comprehensive multi-source data analytics to provide clients with intelligent insights that drive informed strategies and enhance returns. JLL APAC’s customer-centric and collaborative approach, deep expertise, and reliability in addressing client pain points resulted in an impressive global Net Promoter Score of 100%, establishing a new regional record. Regardless of macroeconomic and business conditions, its steady growth momentum positions it to thrive and continue expanding its market presence.

“JLL APAC prioritizes mutual interests to drive value creation and sustainable growth for all stakeholders involved, redefining business partnerships in the FM industry. By adopting progressive, customer-centric strategies and fostering enduring relationships through collaboration, value creation, and service excellence, JLL APAC is well-positioned to lead the FM industry into the future,” added Rubini Kamal, best practices research analyst at Frost & Sullivan. With its strong overall performance, JLL APAC earns Frost & Sullivan’s 2024 Asia Pacific Company of the Year Award in the facility management industry.

Each year, Frost & Sullivan presents a Company of the Year award to the organization that demonstrates excellence in terms of growth strategy and implementation in its field. The award recognizes a high degree of innovation with products and technologies, and the resulting leadership in terms of customer value and market penetration.

Frost & Sullivan Best Practices awards recognize companies in various regional and global markets for demonstrating outstanding achievement and superior performance in leadership, technological innovation, customer service, and strategic product development. Industry analysts compare market participants and measure performance through in-depth interviews, analyses, and extensive secondary research to identify best practices in the industry.

About Frost & Sullivan

For six decades, Frost & Sullivan has been world-renowned for its role in helping investors, corporate leaders, and governments navigate economic changes and identify disruptive technologies, megatrends, new business models, and companies to action, resulting in a continuous flow of growth opportunities to drive future success. Contact us: Start the discussion. Contact us: Start the discussion.

Contact:

Tarini Singh
E: tarini.singh@frost.com

About JLL APAC
For over 200 years, JLL (NYSE: JLL), a leading global commercial real estate and investment management company, has helped clients buy, build, occupy, manage and invest in a variety of commercial, industrial, hotel, residential and retail properties. A Fortune 500 company with annual revenue of $20.8 billion and operations in over 80 countries around the world, our more than 110,000 employees bring the power of a global platform combined with local expertise. Driven by our purpose to shape the future of real estate for a better world, we help our clients, people and communities SEE A BRIGHTER WAYSM. JLL is the brand name, and a registered trademark, of Jones Lang LaSalle Incorporated. For further information, please visit www.jll.com

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Inspire Greatness at CES 2025: TCL Showcases Its Latest Display Innovations and Breakthroughs Across Smart Devices

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LAS VEGAS, Jan. 7, 2025 /PRNewswire/ — TCL Electronics, a leading consumer electronics brand and the world’s top two TV brand, today showcases a diverse range of display technologies at CES 2025. This includes QD-Mini LED TVs, professional monitors, in-car displays, mobile phones, tablets, smart watches, smart projectors, and RayNeo AR Glasses. Additionally, TCL unveils its latest AI advancements in new product categories and a comprehensive smart home ecosystem, underscoring its commitment to providing smarter and healthier lifestyles and inspiring greatness globally.

Revolutionizing Display Technologies

TCL’s leadership in display innovation is highlighted by its flagship TCL X11K QD-Mini LED TV. This model redefines home entertainment with over 14,000 local dimming zones, delivering breathtaking clarity and visual precision. Enhanced by TCL’s All-domain Halo Control Technology, it offers a truly immersive viewing experience, bringing every frame to life with vivid detail. To complement these visuals, TCL has strategically partnered with Bang & Olufsen, a leader in luxury audio, to deliver their bespoke sound solution, Audio by Bang & Olufsen, which gives the users an experience as captivating as the visuals. 

This collaboration also extends to the TCL A300 Series TV, a sleek and stylish choice with a premium audio experience. At the TCL booth, the world’s largest QD-Mini LED TV, the 115” QM891G, along with the Q85 Soundbar, is showcased as the perfect companion for large TVs with immersive audio performance. For gaming enthusiasts, the R83 Professional Monitor Series offers pixel-level precision, enhancing immersive gaming and creative excellence. These products highlight TCL’s dedication to catering to diverse consumer preferences, from expansive TVs to sophisticated and design-forward solutions.

TCL’s product lineup also includes the award-winning NXTPAPER 4.0 technology, an evolution of the brand’s full-color electronic paper display technology. Engineered to reduce eye strain while delivering exceptional visual quality, NXTPAPER 4.0 debuted in the TCL NXTPAPER 11 Plus Tablet, with plans to expand this technology to more mobile phones.

The RayNeo X3 Pro Smart Glasses mark the arrival of the true AR era. With built-in computing power, the model eliminates the need for external devices, delivering enhanced performance in a compact, streamlined design. Additionally, TCL introduces the PLAYCUBE Projector, which redefines portable projection with style and versatility. Furthermore, TCL showcases innovations in automotive electronics with intelligent Cockpit and Driving Solutions.

Pioneering AI-featured and Smart Connectivity

Among its exciting news at CES 2025, TCL introduces TCL Ai Me, the world’s first modular AI companion robot. Designed with a charming lifelike aesthetic and a detachable space capsule base, Ai Me is a concept product seamlessly blending companionship with smart living. It elevates daily life with natural interactions and personalized experiences, adapting to individual needs and enriching the user’s lifestyle with its intelligent and interactive features.

As another highlight, TCL’s flagship TV series is set to integrate Google’s Gemini model, with plans to launch an all-new Google TV with Gemini capabilities in 2025. TCL is also showcasing an interactive demo in a dedicated showroom, unveiling the immersive and intelligent features with the help of the Gemini model on its TV, promising to transform home entertainment.

In connectivity, TCL’s LINKHUB HH516 5G AI CPE Router ensures a smart network experience with higher throughput, lower latency, and lower power consumption for diverse scenarios. TCL showcased its D1 Series Smart Lock, which includes the D1 Pro with next-gen AI palm vein recognition, and the D1 Ultra, world’s first 4-in-1 smart deadbolt that integrates a smart lock, security camera, video doorbell, and an innovative 3.5-inch display.

Leading the Way in Sustainability and Design

TCL’s CES pavilion embodies its commitment to user-centric design and innovation with a natural, stylish, and eco-conscious ambiance. Highlights include eco-friendly remote controls made from recycled tea leaves and cardboard furniture that underscores TCL’s emphasis on sustainable practices. Expanding its vision of intelligent and eco-friendly living, TCL also brings innovative products with smart and sustainable home solutions.

TCL FreshIN 3.0 Air Conditioner redefines cooling with features that promote health, boost energy efficiency, and enhance convenience. Its liftable Fresh Air Inlet brings fresh outdoor air in, removes odors, and increases indoor oxygen levels. The energy-saving technology intelligently adjusts the operation frequency, while Smart Voice Control allows for hands-free operation without an internet connection.

Meanwhile, TCL FREE BUILT-IN Refrigerator transforms modern kitchens with its sleek, space-saving design and cutting-edge technologies that improve food preservation. Similarly, the P680 Washer-Dryer Set provides stackable solutions for compact spaces, featuring anti-wrinkle technology and intuitive cycles for optimal garment care.

Essential to TCL’s green efforts is its Smart Home Energy Management Solution (HEMS), integrating solar panels, energy storage, and heat pumps for efficient energy use.

Global Partnerships and Excellence

Partnering with top-tier sports and entertainment IPs worldwide, TCL demonstrates its innovative energy to younger generations. At CES 2025, TCL highlights its partnership with the NFL, the most-watched sports league in North America, with the NFL Hall-of-Famer Charles Woodson engaging with onsite fans to strengthen connections between TCL and its audience.

TCL’s deep and vibrant engagements with local communities and global partners have earned widespread consumer recognition, as reflected in its 2024 performance—ranking second globally for TV shipments and in North America for TV retail sales volume during the first three quarters of the year.

Discover TCL at CES 2025:

Date: January 7-10, 2025Location: Las Vegas Convention Center, Central Hall, Booth #17704

About TCL Electronics

TCL Electronics (1070.HK) is a leading consumer electronics brand and leader in the global television industry. TCL now operates in more than 160 markets around the world. The company specializes in the research, development, and manufacturing of consumer electronics products ranging from TVs, audio, home appliances, mobile devices, smart glasses, commercial displays, and more. Visit the TCL website at https://www.tcl.com.

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SOURCE TCL

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