Tulsa’s new Black mayor proposes $100M trust to ‘repair’ impact of 1921 Race Massacre
Tulsa’s new Black mayor proposes $100M trust to ‘repair’ impact of 1921 Race Massacre
Tulsa's new Black mayor proposes $100M trust to 'repair' impact of 1921 Race Massacre
TULSA, Okla. (AP) — Tulsa’s new mayor on Sunday proposed a $100 million private trust as part of a reparations plan to give descendants of the 1921 Tulsa Race Massacre scholarships and housing help in a city-backed bid to make amends for one of the worst racial attacks in U.S. history.
The plan by Mayor Monroe Nichols, the first Black mayor of Oklahoma’s second-largest city, would not provide direct cash payments to descendants or the last two centenarian survivors of the attack that killed as many as 300 Black people. He made the announcement at the Greenwood Cultural Center, located in the once-thriving district that was destroyed by a white mob.
Nichols said he does not use the term reparations, which he calls politically charged, characterizing his sweeping plan instead as a “road to repair.”
Loans to anyone affected by the event should be the point.
Barrower friendly interest rates lower then any other program. Free college and placement programs after completing courses. Zero interest loans for trade schools if college in not in their future. Home loans with better rates then VA loans and better benefits.
The programs could be a great case study for future generations if successfully.
Bingo, however if we change it, we need to start with the class most hurt.