San Francisco Open to Giving Black Residents $5 Mil Every in Reparations

San Francisco is among the few cities that seems to be significantly contemplating reparations for its Black residents — and there are some laborious figures on the desk … from $1 to hundreds of thousands.

SF’s Board of Supervisors — consisting of 11 members — heard a proposal this previous week that was put forth by a reparations committee — which fashioned a number of years again, on the behest of the Metropolis, within the wake of the George Floyd protests throughout the nation.

On Tuesday, these of us shared their ideas on make issues proper with the African-American group … and so they landed on $5 million per eligible Black resident. There’s sure standards they bear in mind … together with being a minimum of 18 years outdated and having recognized as Black/African-American in public paperwork for a minimum of 10 years, amongst others.

There’s extra that people may obtain underneath the draft reparations plan. Along with the one-time $5M payout, the committee really helpful a assured primary earnings thereafter … within the quantity of $97,000/12 months, for 250 years.

Plus, they’d have all their money owed and tax burdens cleaned, no questions requested. And eventually … single-family SF houses for only a buck. It appears every household can be allowed to purchase only one, though it is not solely clear.

By way of paying for all of this … the reparations committee did not have any solutions, as an alternative placing that burden on the supervisors themselves. The BOS, in flip, truly supported the proposal unanimously — and mentioned they might determine funding later.

The Board’s solely Black supervisor, Shamann Walton, has been main the cost on this … and says he needs the reparations package deal to be included in future Metropolis budgets.

BTW, not everybody agrees with the phrases laid out by the committee — which is made up Black leaders/group members in and round SF. One opponent is definitely the NAACP — which, whereas supporting the thought of reparations, will not be on board with the $5M money payouts … as an alternative calling for the main focus of funding to be in establishments, like colleges/housing, and so forth.