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

Robert Mueller Should Be Arrested for Conspiracy to Overthrow the President of the United States

Surprise Twist in WikiLeaks Case! UK Refuses to Extradite Assange to Country With Death Penalty!

Tempus Fugit

"It's Going To Be Staggering": Epstein Associates Prepare For Worst As Massive Document Dump Imminent

Rush Limbaugh Abandons Fiscal Conservatism

Round-Up of Crypto Exchange Hacks So Far in 2019 — How Can They Be Stopped?

Bitpoint Hack Shows That Regulators’ Scrutiny Does Not Equal Safety (SUCKERS)

The Federalist: Democrats Called for Seb Gorka to Be Deported Over Sham Twitter-Based Claims, and Jerry Nadler Even Opened an Investigation Seeking to Deport Him, and the Media Cheered

A Kentucky farmer, ex-Marine wants to challenge Mitch McConnell in 2020 US Senate race

Police called on boy holding 'ice cold beer' sign

What Was It All for For: Vets Have Finally Turned on America’s Endless Wars

Or you can mail donations to Henry Shivley at P.O. Box 964, Chiloquin, OR 97624 ← JINSA Bob Nelson Famous Duck Routine → Video shows Donald Trump partying with Jeffery Epstein and Ghislaine Maxwell

Republicans Defending Trump Are 'Hurting Themselves and They're Hurting the Country'

DIVORCE AGREEMENT Between Republicans & Democrats

Rand Paul Wants To Be Trump's Man in Iran. That Would Be Good News for Peace.

Elderly robocall scam victim committed suicide after 'fraudsters' stole life savings

Watch Elon Musk’s Neuralink presentation

“Did He Not Make Them One?”

Jon Stewart Eviscerates Rand Paul for Blocking 9/11 Victim Funding: ‘It’s an Abomination’

President Trump On Ilhan Omar: I Hear She Was Married To Her Brother!

SHOCK: Portland ANTIFA Holds Memorial For ICE Firebomb Terrorist

‘Trump’s Going to Get Re-elected, Isn’t He?’

Surprise! Illegal immigration deeply unpopular with voters … in Mexico

FBI To Ramp Up Social Media Surveillance

THE NEW ROTH SHOW #16C Timing is everything,

America, Love It or Leave It!

Trump May Appoint Fringe Neocon to Head Intelligence

What Would a Free Society Actually Look Like?

The Last Few Days Exemplify Why I'm Libertarian (and Why You Should Be Too)

Court Rules Police Officer Who Shot 10-Year-Old Is Protected by Qualified Immunity

Trump has met his match: The Squad

WAS BITCOIN CREATED BY THIS INTERNATIONAL DRUG DEALER?

Red Flagging Drivers

Conservatives Against Liberty

When Should You Shoot A Cop? (Another shit article from Decktard)

Leave the US, Trump tells liberal congresswomen of color

In Iran, some take off their hijabs as hard-liners push back

Wilbury Twist

Trump Consiglieres Giuliani and Bolton Paid Big Bucks by MEK Terrorist Group

The Untold Story of Christian Zionism’s Rise to Power in the United States

The Death of Privacy: Government Fearmongers to Read Your Mail

Real Hedge-Fund Managers Have Some Thoughts on What Epstein Was Actually Doing

Nellis AFB security forces anti-terrorism squad commander relieved of duty following 1 October massacre. But why?

Was Jeffrey Epstein a “State Department cut out”?

Trump's Congressional Reform Act

Book: Paul Ryan Slammed Trump for Calling Stormy Daniels ‘Horse Face’

Most Veterans Say Iraq, Afghanistan Wars Weren't Worth It

US Fast-Food Drive-Thrus Will Soon Use License Plate And Facial Recognition Technology

The Death of Privacy

Florida Sheriff Deputy Arrested After Planting Drugs on Innocent People


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: 33

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