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 exhausting figures on the desk … from $1 to thousands and 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 shaped a couple of years again, on the behest of the Metropolis, within the wake of the George Floyd protests throughout the nation.

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 There’s sure standards they bear in mind … together with being at the least 18 years outdated and having recognized as Black/African-American in public paperwork for at the least 10 years, amongst others.

There’s extra that folk might obtain underneath the draft reparations plan. Along with the one-time $5M payout, the committee advisable a assured fundamental 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 at last … single-family SF properties for only a buck. It appears every household could be allowed to purchase only one, though it isn’t solely clear.

When it comes to 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, really supported the proposal unanimously — and mentioned they might work out funding later.

The Board’s solely Black supervisor, Shamann Walton, has been main the cost on this … and says he needs the reparations bundle 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/neighborhood members in and round SF. One opponent is definitely the NAACP — which, whereas supporting the concept of reparations, just isn’t on board with the $5M money payouts … as an alternative calling for the main target of funding to be in establishments, like faculties/housing, and so on.