{"id":548005,"date":"2021-06-01T11:51:40","date_gmt":"2021-06-01T15:51:40","guid":{"rendered":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/?p=548005"},"modified":"2021-06-01T11:51:41","modified_gmt":"2021-06-01T15:51:41","slug":"biden-pledges-100-billion-inter-agency-effort-to-address-systemic-racism","status":"publish","type":"post","link":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/biden-pledges-100-billion-inter-agency-effort-to-address-systemic-racism\/","title":{"rendered":"Biden Pledges $100 Billion \u2018Inter-Agency Effort\u2019 To Address Systemic Racism"},"content":{"rendered":"<aside class=\"mashsb-container mashsb-main mashsb-stretched\"><div class=\"mashsb-box\"><div class=\"mashsb-count mash-medium\" style=\"float:left\"><div class=\"counts mashsbcount\">20<\/div><span class=\"mashsb-sharetext\">SHARES<\/span><\/div><div class=\"mashsb-buttons\"><a class=\"mashicon-facebook mash-medium mash-nomargin mashsb-noshadow\" href=\"https:\/\/www.facebook.com\/sharer.php?u=https%3A%2F%2Fwww.conservativenewsdaily.net%2Fbreaking-news%2Fbiden-pledges-100-billion-inter-agency-effort-to-address-systemic-racism%2F\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Facebook<\/span><\/a><a class=\"mashicon-twitter mash-medium mash-nomargin mashsb-noshadow\" href=\"https:\/\/twitter.com\/intent\/tweet?text=&amp;url=https:\/\/www.conservativenewsdaily.net\/breaking-news\/?p=548005&amp;via=ConservNewsDly\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Twitter<\/span><\/a><a class=\"mashicon-subscribe mash-medium mash-nomargin mashsb-noshadow\" href=\"#\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Subscribe<\/span><\/a><div class=\"onoffswitch2 mash-medium mashsb-noshadow\" style=\"display:none\"><\/div><\/div>\n            <\/div>\n                <div style=\"clear:both\"><\/div><\/aside>\n            <!-- Share buttons by mashshare.net - Version: 4.0.47--><div><img decoding=\"async\" src=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-content\/uploads\/2021\/05\/Biden-23-1200x800-1.jpg\" class=\"ff-og-image-inserted\"  style=\"display:none\"><\/div>\n<p>President Joe Biden is expected to unveil a $100 billion effort to combat \u201csystemic racism\u201d during a visit to Tulsa, Oklahoma, on Tuesday to mark the 100th anniversary of the Tulsa Race Massacre, one of the worst incidents of racially motivated violence in United States history.<\/p>\n<p>Biden will be the first sitting president to honor the anniversary of the incident, which left hundreds of African Americans killed or injured and razed one of the most successful black neighborhoods in the country at the time to the ground. He will also use the event, planned for Tuesday afternoon, to announce major changes to federal housing policy, and a massive new \u201cinter-agency effort\u201d at combatting systemic racism in the housing industry and beyond.<\/p>\n<p>\u201cThe White House announced a slate of policies meant to promote racial equity ahead of the trip,\u201d <a href=\"https:\/\/www.usatoday.com\/story\/news\/politics\/2021\/06\/01\/biden-meeting-tulsa-race-massacre-survivors-100th-anniversary\/5253875001\/\">USA Today reported Tuesday<\/a>.<br \/>\u201cThat includes a new inter-agency effort meant to combat housing discrimination, as well as new directives that will increase federal contracting with small, minority-owned businesses by $100 billion over the next five years.\u201d<\/p>\n<p>The grants will be on top of millions of taxpayer dollars, earmarked to address systemic racism, allocated through the Biden administration\u2019s COVID-19 response bills, and \u201cinclude a $10 billion initiative targeting community revitalization efforts, projects retrofitting transit systems to redress the dislocation of minority communities, incentives to end exclusionary zoning and a new tax credit to develop low and affordable housing,\u201d USA Today noted.<\/p>\n<p><a href=\"https:\/\/www.cnbc.com\/2021\/06\/01\/biden-to-announce-new-efforts-to-narrow-the-racial-wealth-gap-.html\">CNBC added Tuesday<\/a> that Biden plans to \u201cannounce an increase in the share of federal contracts for small, disadvantaged businesses; the reversal of two Trump-era housing rules; and the launch of an initiative to address inequality in home appraisals.\u201d<\/p>\n<p>The White House released an official statement outlining the plan.<\/p>\n<p>On Tuesday, Biden will announce:<\/p>\n<blockquote readability=\"13\">\n<p><em>The creation of an interagency initiative to address inequity in home appraisals, led by Secretary of Housing and Urban Development Marcia Fudge. \u201cHomes and majority Black neighborhoods are often valued at tens of thousands of dollars less than comparable homes in similar, majority white communities,\u201d the White House said. \u201cThis effort will seek to utilize, very quickly, the many levers at the federal government\u2019s disposal \u2026 to root out discrimination in the appraisal and home buying process.\u201d<\/em><\/p>\n<\/blockquote>\n<blockquote readability=\"11\">\n<p><em>HUD will issue two Fair Housing Act rules that reverse efforts by HUD during the Trump administration to weaken protections afforded by the law. \u201cIn both cases, HUD is moving to return to traditional interpretations of the Fair Housing Act,\u201d the White House said Monday. The new rules are intended to \u201cclear the way for HUD to more vigorously enforce the Fair Housing Act,\u201d it said.<\/em><\/p>\n<\/blockquote>\n<blockquote readability=\"12\">\n<p><em>The administration will announce a goal of increasing the share of federal contracts awarded to small, disadvantaged businesses by 50% over the next five years. Currently, around 10% of federal contracts go to SDBs annually, totaling around $50 billion. An increase of 50% by 2026 would mean an additional $100 billion in federal contracts awarded to SDBs in this five year period, officials said.<\/em><\/p>\n<\/blockquote>\n<p>The plan does not include any official movement on the issue of \u201cracial equity\u201d in the economy, despite requests from several high-profile progressive activist groups. It also does not address the George Floyd Justice in Policing Act, which the White House appears to have quietly dropped, according to reports from last month. Instead, the Biden administration is reportedly hoping for a more comprehensive compromise bill.<\/p>\n<p><em>The Daily Wire is one of America\u2019s fastest-growing conservative media companies and counter-cultural outlets for news, opinion, and entertainment. Get inside access to The Daily Wire by becoming a\u00a0<\/em><a href=\"https:\/\/www.dailywire.com\/subscribe\"><em>member<\/em><\/a><em>.<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"<p>President Joe Biden is expected to unveil a $100 billion effort to combat \u201csystemic racism\u201d during a visit to Tulsa, Oklahoma, on Tuesday to mark the 100th anniversary of the &#8230;<\/p>\n","protected":false},"author":1,"featured_media":2278759,"comment_status":"close","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_mo_disable_npp":"","fifu_image_url":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-content\/uploads\/2021\/05\/Biden-23-1200x800-1.jpg","fifu_image_alt":"Biden Pledges $100 Billion \u2018Inter-Agency Effort\u2019 To Address Systemic Racism","footnotes":""},"categories":[],"tags":[],"class_list":["post-548005","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry"],"fifu_image_url":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-content\/uploads\/2021\/05\/Biden-23-1200x800-1.jpg","fifu_image_alt":"Biden Pledges $100 Billion \u2018Inter-Agency Effort\u2019 To Address Systemic Racism","_links":{"self":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/548005","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/comments?post=548005"}],"version-history":[{"count":0,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/548005\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media\/2278759"}],"wp:attachment":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media?parent=548005"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/categories?post=548005"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/tags?post=548005"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}