By Jacqueline Luqman
JACQUELINE LUQMAN Hi. I’m Jacqueline Luqman with The Real News Network.
Kamala Harris has introduced a $100 billion expansion of HUD grants to tackle the racial wealth gap as it relates to homeownership as a part of her platform for candidate for the Democratic nomination. Her plan is meant to address decades of redlining that was committed by the United States government and the real estate market that resulted in the denial of opportunity for millions of black Americans to accumulate transferable wealth that white Americans have been allowed to benefit from and passed down to generations in their families. But when we look at the details of Harris’s plan, is it going to address this persistent issue or will Harris’s plan create more problems for the very people she aims to help?
Here to talk about this is David Dayen. David is the Executive Editor of The American Prospect, and he’s also the author of the book Chain of Title: How Three Ordinary Americans Uncovered Wall Street’s Great Foreclosure Fraud, and he’s a winner of the Studs and Ida Terkel Prize. Thank you for joining me today, David.
DAVID DAYEN Okay. Thank you.
JACQUELINE LUQMAN So first, can you give…