National News
Daniel Lurie creates San Francisco reparations fund for Black residents
NEWNow you can take heed to Fox Information articles!
San Francisco’s mayor signed an ordinance making a “Reparations Fund” that would someday award as much as $5 million in reparations to all eligible Black residents within the metropolis for alleged historic discrimination and displacement.
The ordinance, which handed the Board of Supervisors earlier this month, was signed by Democratic Mayor Daniel Lurie two days earlier than Christmas. It establishes the authorized framework for the fund, however doesn’t allocate sources or assure funds. The fund might be financed by non-public donations, foundations and different non-city sources.
Any taxpayer-funded reparations would require separate laws, an recognized funding supply and approval from the mayor. Lurie informed Fox Information Digital that no tax {dollars} can be put into the potential pot, given the town’s $1 billion price range deficit.
“I used to be elected to advance San Francisco’s restoration, and that’s what I deal with day-after-day,” Lurie stated in an announcement to Fox Information Digital. “We aren’t allocating any cash to this fund – with a historic $1 billion price range deficit, we’re going to spend our cash on making the town safer and cleaner.”
BOSTON SUBURB TRIPLES money funds in expanded assured revenue program
Mayor Daniel Lurie speaks on the steps of Metropolis Corridor in San Francisco, California earlier this yr. The ordinance was signed by Lurie two days earlier than Christmas with none public announcement from the mayor. (Photograph by Tayfun Coskun/Anadolu by way of Getty Photographs)
“The Reparations Plan outlines a wide range of strategies to offer restitution, compensation, and rehabilitation to people who’re Black and/or descendants of an enslaved individual and have suffered confirmed hurt in San Francisco,” the ordinance reads partly.
The ordinance particularly cites a 2023 coverage report and advice doc ready by the San Francisco African American Reparations Advisory Committee (AARAC), a city-appointed advisory committee.
The report, which is nonbinding, studied the hurt to black residents and proposed options, together with recommending a $5 million fee. In accordance with U.S. Census information, there are roughly 46,000 black residents in San Francisco.
TULSA’S MAYOR HAS A $105M PLAN TO HELP RESOLVE THE 1921 RACE MASSACRE, BUT Do not Name It Reparations
San Francisco Metropolis Corridor in California. (iStock)
It argued that black San Franciscans have been victims of a long time of city-induced “residential displacement” and “racial discrimination,” particularly through the city renewal period – the interval from the mid-Forties via the Seventies.
“The Metropolis and County of San Francisco and its companies should difficulty a proper apology for previous harms and commit to creating substantial, systematic, and programmatic investments in Black communities to handle historic harms,” the report stated in its govt abstract.
It proposed that the town “[p]pay out a one-time lump sum of $5 million to every eligible particular person.”
Historic Victorian-style houses, some as soon as owned by black residents, dot the San Francisco skyline, with the Metropolis Corridor rotunda seen. (PHILIP PACHECO/AFP by way of Getty Photographs)
The report additionally advisable a assured annual revenue, tied to the area’s common revenue, and the creation of latest metropolis companies, together with an Workplace of Reparations, to manage applications. It additionally known as for main housing interventions, equivalent to rental help, homeownership assist and city-backed funds to purchase actual property alongside Black enterprise corridors, in addition to multi-million greenback investments in Black-owned companies.
CLICK HERE TO DOWNLOAD THE FOX NEWS APP
The California Legislature has tried to move particular restoration legal guidelines, however has to date been unable to take action. A number of proposals stalled or had been rejected after the state’s Reparations Process Power, which was created in 2020 to review and suggest reparations proposals.