San Francisco Reparations Committee Wants to Pay Black Residents $5 Million Each and Forgive All Their Debt
San Francisco’s The reparations committee proposes paying $5 million to each Black long-time resident and total debt forgiveness due over the past decades. “systematic repression” Faced by the local Black community.
The San Francisco African American Reparations Advisory Committee, which advises the city on developing a plan for reparations for Black residents, released its draft report last month to address reparations – not for slavery, since California Although technically not a slave state “to address the public policies explicitly created to subjugate Black people in San Francisco by upholding and expanding the intent and legacy of chattel slavery.”
“While neither San Francisco, nor California, formally adopted the institution of chattel slavery, the tenets of segregation, white supremacy and systematic repression and exclusion of Black people were codified through legal and extralegal actions, social codes, and judicial enforcement,” The draft states.
The draft plan contains a lengthy list of financial recommendations to Black San Francisco residents. It also includes a lump sum payment of $5,000,000 for each eligible person.
On November 2, 2022 pedestrians traveled along Hayes Street in San Francisco’s Hayes Valley neighbourhood.
(Photo by SAMANTHA LAUREY/AFP via Getty Images
“A lump sum payment would compensate the affected population for the decades of harms that they have experienced, and will redress the economic and opportunity losses that Black San Franciscans have endured, collectively, as the result of both intentional decisions and unintended harms perpetuated by City policy,” The draft states.
To be eligible for the program, the applicant must be 18 years old and have identified as Black or African American on public documents for at least 10 years. They will also need to prove that they meet at least two of the eight additional criteria. “Born in San Francisco between 1940 and 1996 and has proof of residency in San Francisco for at least 13 years,” and/or, “Personally, or the direct descendant of someone, incarcerated by the failed War on Drugs.”
The plan also calls on the city to supplement lower-income recipients’ income to reflect the Area Median Income (AMI), about $97,000, annually for at least 250 years.
“Racial disparities across all metrics have led to a significant racial wealth gap in the City of San Francisco,” It argues. “By elevating income to match AMI, Black people can better afford housing and achieve a better quality of life.”
Walking in San Francisco, California (USA) on Wednesday, December 21, 2022.
(Photographer – David Paul Morris/Bloomberg via Getty Images
DEMOCRATS SEEK REPARATIONS, ‘NATIONAL APOLOGY’ FOR SLAVERY: ‘WE ARE MOVING CLOSER’
The plan also aims at establishing “a comprehensive debt forgiveness program” that clears each eligible person’s student and housing loans, credit card debt, etc.
“Black households are more likely to hold costlier, riskier debt, and are more likely to have outstanding student loan debt,” This is the draft. “When this is combined with lower household incomes, it can create an inescapable cycle of debt. Eliminating this debt gives Black households an opportunity to build wealth.”
The committee will submit its final proposal to Mayor London Breed, the San Francisco Board of Supervisors and the San Francisco Human Rights Commission in June.
London Breed, San Francisco Mayor, listens to a press conference held at City Hall on February 16, 2022 in San Francisco, California.
(Gabrielle Lurie/The San Francisco Chronicle via Getty Images
Aaron Peskin, President of the Board of Supervisors told the San Francisco Chronicle He hopes that the plan will be approved.
“There are so many efforts that result in incredible reports that just end up gathering dust on a shelf,” Peskin spoke. “We cannot let this be one of them.”
The committee did not respond to Fox News Digital’s inquiry.
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Meanwhile, House Democrats They are pushing for the establishment of a federal reparations committee.
Rep. Sheila Jackson LeeLast week, 52 House Democrats and D-Texas Senator John Lewis proposed legislation to seek reparations and a national apology from slavery.
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