San Francisco mayor quietly signs reparations fund that could lead to $5M payments per person

San Francisco mayor signs ordinance creating reparations fund that could grant eligible Black residents up to $5 million each in potential payments.

Mayor Daniel Lurie speaks on steps of City Hall in San Francisco, California earlier this year. The ordicnace was signed by Lurie two days before Christmas without any public announcement from the mayor. (Photo by Tayfun Coskun/Anadolu via Getty Images)

"The Reparations Plan outlines a variety of methods to provide restitution, compensation and rehabilitation to individuals who are Black and/or descendants of a chattel enslaved person and have experienced a proven harm in San Francisco," the ordinance reads, in part.

The ordinance specifically cites a 2023 policy report and recommendation document produced by the San Francisco African American Reparations Advisory Committee (AARAC), a city-appointed advisory committee.

The report, which is nonbinding, studied harms to Black residents and proposed remedies, including a recommendation of a $5 million payment. Around 46,000 Black residents live in San Francisco, according to U.S. Census data.

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Historic victorian-style homes, some of which were once owned by Black residents, stand in front of the San Francisco skyline, with the City Hall rotunda visible. (PHILIP PACHECO/AFP via Getty Images)

The report also recommended a guaranteed annual income tied to area median income and the creation of new city agencies, including an Office of Reparations, to administer programs. It also called for major housing interventions, such as rental assistance, homeownership support and city-backed funds to purchase property along Black business corridors, as well as multi-million-dollar investments in Black-owned businesses.

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The California Legislature has attempted to pass specific reparations bills but has so far failed to do so. Several proposals stalled or were rejected after the state’s Reparations Task Force, which was set up in 2020 to study and recommend reparations proposals.

Michael Dorgan is a writer for Fox News Digital and Fox Business.

You can send tips to michael.dorgan@fox.com and follow him on Twitter @M_Dorgan.

https://www.foxnews.com/politics/san-francisco-mayor-quietly-signs-off-reparations-fund-black-residents-2-days-before-christmas