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Star Member Yo_Mama_Been_Loggin (34,144 posts)Kamala Harris proposes $100B in homeownership assistanceNEW ORLEANS — Democratic presidential candidate Kamala Harris is proposing $100 billion in federal grants to pay for down payment and closing costs to help close what she says is a racial wealth gap and address historical discrimination in homeownership against black families. Harris announced her plan Saturday at the Essence Festival in New Orleans, where the California senator was among several of the 2020 White House candidates attending the largest annual gathering of black women in the country. "By taking these challenges on, we can close that gap," Harris said. "That not only lifts up black America, that lifts up all of America." Harris said the plan would help at least 4 million families living in areas that were redlined, a segregation-era practice that limited black borrowers' ability to buy homes and set boundaries on where they can live, affecting the wealth of those families for generations.
Indygram (1,790 posts) 9. So much for that poll boostThis will leave a mark. Newsflash...lack of homeownership isn't a race issue. I have two college degrees, valedictorian, am white, over 50 and I don't own a home either. I've been homeless more than once too. I'm all for boosting people up but not at the expense of others.
Ted Kennedy is the only person with an actual confirmed kill in the war on women.
Always remember: She doesn't have to do it to get their votes for forever. She only has to CLAIM that she'll do it.
Oh Boy!Kameltoe is going to pay off my mortgage!!!!!She got my vote!!
Yes. Giving people money for down payments and closing costs that they could not afford in order to buy a house. I do not see how this could possibly fail.
Response to Yo_Mama_Been_Loggin (Original post)Sat Jul 6, 2019, 03:00 PMmatt819 (7,571 posts) 3. What about people who don't want to own? You do know there are people who don’t want to buy a home and want to rent, right? So even more classes of people. Do renters get any assistance?
WHAT ABOUT MEEEEEEEE??????????
It's a two step plan.1) Pretend you're doing something to help them in order to buy votes.2) Then accuse the ebil whitey bankers of racism when they foreclose when the mortgages don't get paid.
Indygram (1,790 posts)9. So much for that poll boostThis will leave a mark.Newsflash...lack of homeownership isn't a race issue. I have two college degrees, valedictorian, am white, over 50 and I don't own a home either. I've been homeless more than once too. I'm all for boosting people up but not at the expense of others.