
San Francisco Mayor Daniel Lurie has signed an ordinance establishing a legal framework for a “Reparations Fund” to address historic discrimination and displacement affecting Black residents.
The plan could eventually allow payments of up to $5 million per eligible resident, but the measure does not allocate city funds or guarantee payments.
Lurie says no taxpayer money will go into the fund due to the city’s $1 billion budget deficit, and that it may instead rely on private donations and foundations.