San Francisco Open to Giving Black Residents $5 Mil Each in Reparations

San Francisco is one of the few cities that appears to be seriously considering reparations for its Black residents — and there are some hard numbers on the table … from $1 to millions.

SF Board of Supervisors — composed of 11 members — heard a proposal last week filed by a reparations committee — formed several years ago, at the behest of the City, after George Floyd protests across the country.

On Tuesday, those people shared their suggestions on how to make things right in the African-American community … and they got $5 million per qualified Black resident. There are several criteria they have in mind … including being at least 18 years old and identifying as Black/African-American on public documents for at least 10 years, including others.

People could receive more under the draft reparations plan. In addition to the one-time $5M payment, the committee recommended a guaranteed basic income thereafter … at $97,000/year, for 250 years.

Plus, they can wipe out all their debts and tax burdens, no questions asked. And finally … single-family SF homes for just a buck. Apparently each family will be allowed to buy just one, although it’s not entirely clear.

In terms of paying for all this … the reparations committee doesn’t have any answers, instead putting the burden on the supervisors themselves. The BOS, in turn, actually supported the proposal unanimously — and said they could figure out the funding later.

The Board’s only Black supervisor, Shamann Walton, is leading the charge here … and says he wants to include the reparations package in future City budgets.

BTW, not everyone agrees with the rules laid down by committee — comprised of Black leaders/community members in and around SF. One opponent indeed is the NAACP — which, while supporting the idea of ​​reparations, is not included in the $5M cash payout … instead calling for the focus of investment to be on institutions, such as schools/housing , etc.