President Biden will detail his administration’s planned initiatives to tackle racial injustice on Tuesday during a speech commemorating the 100th anniversary of the Tulsa racial massacre.
Biden will travel to the Greenwood Cultural Center in Tulsa and meet survivors of the 1921 massacre. At least 300 black people were killed when a white mob attacked the Greenwood district, known as “Black Wall Street” for its businesses. flourishing, in what is considered one of the worst racial massacres in the country’s history.
The president will unveil plans to extend federal contracts with disadvantaged small businesses by 50%, according to senior administration officials. The spending increase will amount to $ 100 billion over a five-year period, which officials say would help efforts to close the racial wealth gap.
Biden will also tout investments under his proposed “U.S. Jobs Plan,” including a $ 10 billion fund to overhaul infrastructure in underserved communities and $ 31 billion to support small businesses owned by Biden. minorities. The proposal includes a “neighborhood house tax credit” to promote private investment in affordable housing.
Biden will ask Housing and Urban Development Secretary Marcia Fudge to lead an interagency review of inequalities in the housing assessment process and crack down on housing discrimination. Officials cited statistics showing a gap in ratings of homes in predominantly white neighborhoods compared to homes in predominantly black or Latino neighborhoods.
Additionally, HUD will reinstate Positive Promotion of Fair Housing, an Obama-era policy designed to address housing discrimination that was halted during the Trump administration, as well as the discriminatory effects standard of the HUD for housing practices.
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Biden issued a proclamation on Monday declaring May 31 a day to commemorate the 100th anniversary of the Tulsa massacre.
“I call on the people of the United States to commemorate the tremendous loss of life and safety during those 2 days of 1921, to celebrate the bravery and resilience of those who survived and sought to rebuild their lives. again, and to commit together to eradicate systemic racism and help rebuild the communities and lives that have been destroyed by it, ”Biden said in the proclamation.
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