A push by reparations activists in Amherst to start a public fund for black people has been greenlit by the town council.
The money is scheduled to come annually, roughly matching Amherst's current local marijuana tax revenue, which is about $205,000. The council set a ceiling at that figure. The council intends for the arrangement to continue for 10 years, totaling $2 million in reparations. However, the motion does not bind future councils, allowing them to decide to earmark the money annually, depending on the town's financial health.
Stateline, an initiative of The Pew Charitable Trusts. By Tim Henderson
If the United States enters a recession and housing prices stagnate or fall, homeowners in parts of California, Delaware, Illinois, Indiana, and New Jersey are most at risk of owing more than their houses are worth or losing their homes to foreclosure, according to a new analysis.
