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1 June (Reuters) – Mayor of Tulse in Oklahoma announced more than $ 100 million on Sunday to repair and solve the “systemic impact” of the 1921 massacre, which focused on African American homes and businesses. The announcement was made to the 104th anniversary of the massacre that began on May 31, 1921 and ended the following day and remained up to 300 dead.
“It is a critical step that will help unify Tulsans and heal the wounds that it has prevented our neighbors to recover from the massacre of the race for so long,” said Tulsa Mayor Monroe Nichols.
The Trust, which is named after the Greenwood district, where the massacre took place, will be created to provide $ 105 million on assets. Its aim is to ensure these funds within the 105th anniversary of the attack 1 June 2026.
According to the city statement, assets may include assets transferred to Trust, philanthropic financing and public financing.
Employed areas for trust include $ 24 million housing fund in favor of Greenwood and North Tulsa residents and, among other things, to improve buildings. Another focus will be the older $ 21 million fund for the development of credible land and land acquisition in favor of the survivors and descendants of the massacre.
The first year of operation will focus on planning, said the mayor and added the initial employees hired for fundraising efforts.
“Greenwood Trust is really a bridge that connects what we as a community can bring to the table and what the community needs,” Nichols said in a statement.
“When we try to make this framework by reality, we eager to work with our colleague Tulsans and partners across the country to create a major shift in how we create generational wealth, housing opportunities and repair for so many Tulsans.” The US Ministry of Justice Biden administration said in January that while there were trustworthy reports that the coercive bodies were involved in the attack, it had no way to prosecute the crimes that occurred, referring to the relevant restrictions and the youngest potential defendants over 115 years.
(Reporting Jasper Ward; Editing Aurora Ellis)
(Tagstotranslate) TULSA
