Home Business News Chicago suburbs approved historic plans to pay black compensation

Chicago suburbs approved historic plans to pay black compensation


© Reuters. FILE PHOTO: The US City approves historic plans to pay compensation to Black residents


By Brendan O’Brien

CHICAGO (Reuters) – The Evanston suburb of Chicago became the first US city to offer compensation to Black residents whose families suffered long-term losses after decades of discrimination and discrimination.

Council voted Jan. 8 on Monday to begin distributing $ 400,000 to eligible Black residents through $ 25,000 grants for home repairs, prepayment, or payments. Mortgages aimed at tackling racist housing policies in history.

“I am proud of our community for taking this bold and bold action to begin the process of overcoming the racial disparity that has harmed our Black community for decades.” Ann Rainey said in a statement.

Evanston City Council in November 2019 pledged $ 10 million over a decade into an effort to compensate from new tariffs on legalized cannabis. City council members said the housing plan was just the first one they hoped was a series of programs aimed at addressing past discriminatory practices in areas such as education and economic development.

The effort in Evanston, where about 16% of its 75,000 residents are Black, could serve as role models for other cities and states struggling to pursue compensation initiatives. their own or not.

The burgeoning national movement has gained traction as a way of calculating racial inequality following the police killing of George Floyd and other black Americans last year.

Under Evanston’s plan, a handful of eligible Black residents received $ 25,000 each if they, or their ancestors, lived in the city between 1919 and 1969 or if they could show they had housing discrimination due to city policies.

As across the United States, Blacks in Evanston were subjected to “red rule”, a method by which banks refuse to lend homes in predominantly Black neighborhoods. That prevents black residents from owning a home, a major source of wealth.

The practicality of implementing compensation schemes, especially on a national scale, remains a matter of debate.

Some protests questioned whether taxpayers could afford what could be billions, or even trillions of dollars, and questioned how to determine eligibility. .

Evanston Rejects Racist Repatches, an opposition group, has noted that initial payments from the city’s housing program will include only 16 households. The group also objected to restricting the money to only housing needs.

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