[Home]  [Headlines]  [Latest Articles]  [Latest Comments]  [Post]  [Mail]  [Sign-in]  [Setup]  [Help]  [Register] 

Ohio’s ‘Tobacco 21’ law takes effect on Thursday

Terrorized, Traumatized and Killed: The Police State’s Deadly Toll on America’s Children

Cops Arrest 12-Year-Old For Pointing 'Finger Gun' At Classmates

CNN President Zucker Has Vendetta Against Trump, is Pushing Impeachment

GQ Magazine Says “New Masculinity” is Men Wearing Earrings, Giant Sleeping Bag Dresses and Crying

Illinois red-light cameras have collected more than $1B from drivers since 2008

Police Force Horrifying Sexual Assault Exam on 5yo Girl After She Fell Off a Trampoline

The DeadWire

Biden: First thing we gotta do is go after people clipping coupons in the stock market

AG Barr Full Notre Dame Speech

Democrats Attack Elizabeth Warren 16 Times in Democrat Debate

Turkey holding 50 US nuclear bombs 'hostage' at air base, report says

Mary Poppins Movie Review (another disturbing Hollywood-remake targets children)

Neil DeGrasse Tyson Dismisses and Mocks Bible Account of Creation From Genesis-to-Revelation; (Laughs at Believers in Literal Bible as "Un-enlightened")

ABC News ‘slaughter in Syria’ footage appears to come from a Kentucky gun range

Census Bureau seeks state data, including citizenship info

Latest list of those allegedly targeted for illegal monitoring by ousted Obama holdover Amb to Ukraine

Fort Worth police officer fatally shoots woman in her home while checking on an open front door

Cop Stands Up to Bully Officers for Harassing Him, Gets Beaten, Arrested and Fired

Siblings Outraged by Their Brother's Fatal Shooting Dismiss the Fact That He was an Armed Robber - "Oh Well!"

U.S. Mint to redesign gold and silver American Eagles, implement security devices - Mnuchin chips the bird

"Abuse By The Police" Documentary Allows Victims Of Rape By Cops Who Got Away Scot Free To Speak Out

James OÂ’Keefe announces 'This may be the biggest story Project Veritas has ever broke' [CNN]

ELECTORAL COLLEGE OVERWHELMINGLY FAVORS REPUBLICANS, ABOLISHING ENTIRE SYSTEM ONLY REMEDY: STUDY

Rand Paul: Democrats Need to be Investigated Over Ukraine

Winnie the Pooh warns attempts to divide China will end in 'shattered bones'

A bunch of democratic faggot and tranvestite loving freaks from hell

Bill Barr Flames ‘Unremitting Assault’ On Religion, Traditional Values During Notre Dame Visit

Hunter Biden Steps Down From Chinese Board in Bid to fight.

AGW Hut! Hut! Huts! Woman Over Hot Dog

The NBA's China Problem Gets Worse After 2 American Arenas Eject Hong Kong Supporters

Jackie Brown star Robert Forster dies aged 78

A Latina novelist spoke about white privilege. Students burned her book in response.

Trump speaks to media during meeting with Chinese officials (Phase 1 trade treaty agreed to)

'Deeply harmful: Democrats fear O’Rourke will aid Trump by calling for seizing guns and taxing churches

Shepard Smith Stepping Down From Fox News

Orators of the Democrat Party

(WHOA!) Trump on Joe Biden at Rally, "He understood how to kiss Barack Obama's *ss".

Biden: ‘We Allow The Homophobes’ To Control The Agenda

SCARRED FOR LIFE: Post-Op Transgenders Start Movement to Encourage People to ‘Detransition’

President Trump is a Choir Boy Compared to Other Recent Presidents

With Request to Testify via Letter, Fake Whistleblower Achieves Peak Absurdity

More People Killed by Knives Than by Rifles, Shotguns, But Handguns Used in Most Murders

"It Drove Like A Drunk-Driver": Consumer Reports Eviscerates Tesla's Smart-Summon Feature

Does Corporate America Really Want to Hold a National Referendum on Whether Americans Value Their Own Freedoms or Corporate Freedom to Import Chinese Censorship More?

Neil deGrasse Tyson reacts to report of asteroids barreling toward Earth (Suggests asteroid "Deflector" shield like an 'Atari' game to protect Planet from annihilation)

Florida man who claimed self-defense after shooting man over parking spot sentenced

Buckle Up . . . Your Gym Bag

18-Year Old US Soldiers Now Entering Afghanistan 18 Years After War Began

Not-So-Smart Summoning


Status: Not Logged In; Sign In

United States News
See other United States News Articles

Title: Kamala Harris proposes $100 billion plan for black homeownership
Source: Politico
URL Source: https://www.politico.com/story/2019 ... ris-homeownership-2020-1399253
Published: Jul 7, 2019
Author: staff
Post Date: 2019-07-07 22:35:34 by buckeroo
Keywords: None
Views: 63

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.

The plan’s release comes as Harris surges in Democratic presidential primary polls following a debate last week in which she chastised former Vice President Joe Biden for his past opposition to busing and former associations with segregationist senators. The controversy has continued in recent days, with Biden defending his record.

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.

POLITICO Playbook newsletter Sign up today to receive the #1-rated newsletter in politics

Email Your email… Sign Up By signing up you agree to receive email newsletters or alerts from POLITICO. You can unsubscribe at any time.

“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.

Democrats concerned about income and racial inequality in the United States have long pointed to the lasting effects of red-lining — and persistent gaps in the rates of black and white homeownership, a traditional means of building wealth.

Sen. Elizabeth Warren, a fellow 2020 contender, previously proposed providing down payment grants to first-time homebuyers in formerly red-lined, segregated and lower-income areas.

On Saturday, Harris also pledged to work to expand HUD’s fair housing program, strengthen anti-discrimination lending laws and amend the Fair Credit Reporting Act to require that credit scores include rent, phone and utility payments.

<


> Might as well live in a communist nation.

Post Comment   Private Reply   Ignore Thread  


[Home]  [Headlines]  [Latest Articles]  [Latest Comments]  [Post]  [Mail]  [Sign-in]  [Setup]  [Help]  [Register] 

Please report web page problems, questions and comments to webmaster@libertysflame.com