It was WHO was eligible for the assistance. It was a tiny way to even up the HOLC started in 1933 which gave non Black Americans a 35 year head start to building wealth via home investment/purchase.
The root of America's broken financial system has always laid through preferential treatment of white Americans. Was just at Ellis Island with family over from Italy yesterday.
How did my 28 year old Global History Professor Nephew with a concentration on the Americas immediately figure out the Compromise of 1877 being followed up by mass immigration from mostly Europe in 1892 were two death blows to those of us here since 1619?
"Zia - they took from you."
Sanders refuses to acknowledge that with a full chest - and that's why he can only win in majority white states. What you permit you promote. What you don't state becomes forgiven.
We need the Crocketts , Underwoods, and Bookers to bludgeon the Democratic Party with this fact. Small things which level the financial playing field that don't look like reparations for Ellis Island, Jim Crow and the New Deal but definitely address the financial pain inflicted on Foundational Black Americans.
If it doesn't get addressed in the next few years - I fear for my great nieces and nephews and the financial legacy we leave behind. A five percent tax break for those who were on, or had a parent or grandparent on the 1930 to 1970 Census as " Negro or Black" has a built in sunset.
I'm 52. I have Ankylosing Spondylitis. If implemented in 2029 - I would be 57. Chances of me living 35 years beyond that are small. But that 5% could be invested and left to my greats, so they could continue to reap the benefits of legacy that white Baby Boomers and Generation Jones had handed to them on a silver platter. Add in the substandard health care that even the wealthiest Black Americans have inflicted on them and you have the perfect sunset policy built in.
And here's the thing . . . the Average American isn't a policy wonk like we are at DU.
So we can be sneaky and weave it into our platform/policy.