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San Francisco is ready to give black residents $5 million each in reparations

San Francisco is ready to give black residents $5 million each in reparations

San Francisco would now be one of the few American cities seriously considering reparations for its black residents.

TMZ reported that the San Francisco Board of Supervisors made up of 11 members, heard a proposal last week that was presented by a repairs committee that was formed a few years ago at the request of the city, following the George Floyd protests across the country.

Some of the discussions on how to work things out with the African-American community include $5 million per eligible black resident.

Some of the criteria include being at least 18 years old and identifying as Black/African American in public records for at least 10 years, among others.

There’s more people could receive as part of the reparations plan project. In addition to the one-time payment of $5 million, the committee recommended a basic income guaranteed thereafter in the amount of $97,000/year, for 250 years.

They would also have all their debts and tax burdens erased and they could also get a single family home in San Francisco for just a dollar. It seems that each family would only be allowed to buy one, although it’s not entirely clear.

On how this can be paid for, the reparations committee had no answers. They place this burden on the supervisors themselves. The BOS, in turn, actually supported the proposal unanimously and said it would find funding later.

The council’s only black supervisor, Shamann Walton, has led the charge on the matter and said he wants the reparations program included in future city budgets.

Not everyone agrees to the terms set out by the Committee which is made up of black leaders/community members in and around San Francisco. One of the opponents is actually the NAACP which, while supporting the idea of ​​reparations, disagrees with the $5 million cash payout, instead calling for investments to be focused on institutions, such as schools/housing, etc.

The committee will submit a final report in June and the board will meet again on this subject in September.

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