Sen. Kamala Harris has come to the table with a brand new plan in this presidential race. She reportedly plans on investing in black homeownership!
According to Fox News, Sen. Harris’ plan is an attempt to help close the racial wealth gap in the United States. The California Democrat announced she will have $100 billion allocated to down payments and closing costs of black communities.
The housing program would reportedly be distributed in the form of grants from the Department of Housing and Urban Development!
There are some guidelines to the program, though. Families would not be able to have an annual income higher than $100,000 or, $125,000 in high-cost areas. The maximum home cost to qualify for the program is capped at $300,000.
“By taking these steps we can shrink the wealth gap between black and white households by at least one third,” Harris said in a speech in New Orleans. “But we cannot bridge the racial wealth gap just by addressing historical inequities, although we must do that, we also have to write the next chapter.”
Recently, Sen. Harris went head to head with Vice President Joe Biden during the first Democratic primary debate. Kamala had a lot to say about Joe’s work while in the senate.
“I do not believe you are racist. And I agree with you, when you commit yourself to the importance of finding common ground,” Kamala says. “It was hurtful to hear you talk about the reputations of two United States senators who built their reputations and career on segregation of race in this country.”
Sen. Harris may have a long way to go to win over the democratic vote, however. We know our Roommates, and their faith in not in Sen Harris!
This plan could be a step in the right direction, but the journey is far from over.
