The mayor of San Francisco signed an ordinance that creates a “Reparations Fund” that could one day grant each of the city’s eligible Black residents up to $5 million in reparations for alleged historic discrimination and displacement.
The ordinance, which was passed by the Board of Supervisors earlier this month, was signed by Democrat Mayor Daniel Lurie two days before Christmas. It establishes the legal framework for the fund but does not allocate funds or guarantee payments. The fund can be financed with private donations, foundations and other non-city sources…