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Kamala Harris proposes a $ 100 billion plan for the black home







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                " A typical black family has only $ 10 worth of assets per $ 100 held by a white family, "said Senator Kamala Harris. | David J. Phillip / AP Photo </p>
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<p>  Kamala Harris, who urged the nation "to deal with the race gap," proposed a $ 100 billion federal program on Saturday to help black people buy homes. </p>
<p>  The California Senator Announced Plan to End Payment and end-user assistance of up to $ 25,000 for people living or renting in historically red-fringed communities would help around 4 million homebuyers. </p><div><script async src=

History below

The Publication of the plan takes place as soon as Harris ascends in the Democratic presidential election surveys after a debate last week, in which she called former Vice President Joe Biden for punished his earlier rejection of buses and former links with segregationist senators. The controversy has continued in recent days and Biden has defended his record.

Black vot In democratic primary education, especially in the south, the owners are a critical constituency.

Harris said at the Essence Festival in New Orleans that their program would bring home ownership within the reach of millions of families.

"A typical black family has only $ 10 worth of assets per $ 100 held by a white family," she said. "So we need to correct the wrongs and provide black families with a real way out of home ownership after generations of discrimination – historically one of the strongest drivers of wealth in our country."

Harris' Housing Program would be in the form of grants from the US Department of Housing and Urban Development are limited to families with incomes of up to $ 100,000 or $ 125,000 in high-cost areas.

Democrats worried about income and racial inequality in the United States have long pointed to the continued impact of Red Fox – and persistent gaps in black-and-white home ownership rates, a traditional means of building wealth.

Senator Elizabeth Warren, a competitor from 2020, previously proposed granting down payment grants to former home buyers in formerly red lines. Articulated and low-income areas. On Saturday, Harris also pledged to work on expanding the program for fair housing in the HUD, strengthening anti-discrimination laws for lending, and changing the Fair Credit Re porting Act to require that the credit scores rent, Telephone and supply costs include.


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