A new guaranteed income pilot will give hundreds of dollars per month to poor Black women in Georgia in an effort to improve their financial stability and mental health and tackle the racial wealth gap.

The program, called In Her Hands, will give about $850 in monthly cash, no strings attached, to up to 650 Black women for two years. Launching early next year and distributing more than $13 million, it is poised to be one of the largest guaranteed income pilot programs in the U.S.

Led by the Georgia Resilience and Opportunity Fund, a coalition of local elected officials and nonprofits, and the nonprofit GiveDirectly, the program will include participants who live in Atlanta and other parts of suburban and rural Georgia who are near or below the federal poverty line.