Kamala Harris proposes $100 billion plan for black homeownership

[brooklynite]

Politico

Kamala Harris, calling on the nation to “deal with the racial wealth gap,” on Saturday proposed a $100 billion federal program to help black people buy homes.

The California senator said the plan, which would provide down payment and closing cost assistance of up to $25,000 to people renting or living in historically red-lined communities, would help some 4 million home-buyers.


Black voters are a critical constituency in the Democratic primary, especially in the South.

Harris, speaking at the Essence Festival in New Orleans, said her program would “put homeownership within the reach” of millions of families.

“A typical black family has just $10 of wealth for every $100 held by a white family,” she said. “So we must right that wrong and, after generations of discrimination, give black families a real shot at homeownership — historically one of the most powerful drivers of wealth in our country."

Harris’ housing program would come in the form of U.S. Department of Housing and Urban Development grants limited to families with incomes up to $100,000, or $125,000 in high-cost areas.

Much smarter than talking about Reparations.

[applegrove]

1. Or could be part of the reparations. Don't forget that for 250 years wealth

was stolen by whites and that wealth created the united states. And then for another 100 years + wealth was stolen by not allowing back people to have good jobs, wealth creating housing, etc

[StarfishSaver]

2. This could be a form of reparations.

Reparations aren't limited to cutting someone a check.

[brooklynite]

3. No, Reparations are a death knell for a Democratic Presidential candidate.

[pnwmom]

4. That word probably is. But this could accomplish some of the purpose.

[StarfishSaver]

5. Because doing the right thing is a problem?

Funny how when we're talking about impeachment, some Democrats are all "The election be damned! And so what I'd it's hard? Do the right thing no matter what happens, dammit!"

But when it comes to reparations, suddenly it's "We can't do THAT! We can't even talk about it or we might lose the election!!!"

[brer cat]

7. Curious isn't it?

I think Harris is headed in the right direction with this proposal.

[SMC22307]

10. She won't make it to the GE with this proposal.

But she's free to talk about it as much as she likes, as is any candidate on any issue.

[MRDAWG]

6. I love Kamala. I gave her a donation BUT.....

ALL of the Dem canidates are trying to lose the GENERAL ELECTION!

[SMC22307]

11. Can you imagine the Obama-to-Trump voters running back to...

the Democratic Party with this proposal? UFB. White voters of PA, MI, and WI will not go for this and there aren't enough POC to out-vote them. Kiss those Electoral College votes and the White House good-bye!

[flamingdem]

8. Doesn't she realize how this plays?

She must be seen as wanting to be the President for all of us and that's very biased towards one group.

[SMC22307]

9. She may have just killed her campaign.

It'll be interesting to see how this plays out beyond South Carolina.