Jul 6, 2019

Kamala Harris' $100 billion plan to invest in black homeowners

Sen. Kamala Harris. Photo: Spencer Platt/Getty Images

Sen. Kamala Harris (D-Calif.) pitched her new 2020 plan to invest $100 billion in black homeownership at Essence Fest in New Orleans on Saturday in an effort to close the racial wealth gap and eliminate racial disparities in U.S. homeownership rates.

The big picture: Harris and other 2020 candidates attended 25th annual Essence Fest to pitch themselves to black female voters, ABC News reports. The event is hosted by Essence Magazine — a monthly publication that caters to black women.

Details:

  • The Housing and Urban Development Department would provide grants up to $25,000 to help homebuyers pay for down payments and closing-cost assistance.
  • Harris also plans to increase financial literacy programming for first-time homebuyers.
  • The 2020 hopeful wants to strengthen fair housing enforcement and anti-discrimination lending laws, specifically looking the update the Home Mortgage Disclosure Act to protect against redlining.

Harris' other plans would offer relief to renters who put more than 30% of their income toward rent. Separately, her LIFT tax plan would offer a $500 tax credit to working families that make less than $100,000 annually.

Go deeper: Kamala Harris on the issues, in under 500 words

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Coronavirus dashboard

Illustration: Aïda Amer/Axios

  1. Global: Total confirmed cases as of 8 p.m. ET: 1,595,350 — Total deaths: 95,455 — Total recoveries: 353,975Map.
  2. U.S.: Total confirmed cases as of 8 p.m. ET: 461,437 — Total deaths: 16,478 — Total recoveries: 25,410Map.
  3. Public health latest: U.S. has expelled thousands of migrants under a CDC public health orderDr. Anthony Fauci said social distancing could reduce the U.S. death toll to 60,000.
  4. Business latest: The Fed will lend up to $2.3 trillion for businesses, state and city governments — After another 6.6 million jobless claims, here's how to understand the scale of American job decimation.
  5. States latest: FEMA has asked governors to decide if they want testing sites to be under state or federal control.
  6. World latest: Lockdowns have led to a decline in murders in some of the world's most violent countries — Boris Johnson is moved out of the ICU but remains in hospital with coronavirus.
  7. In Congress: Senate in stalemate over additional funding for small business relief program.
  8. 1 SNL thing: "Saturday Night Live" will return to the air this weekend with a remotely produced episode.
  9. What should I do? Hydroxychloroquine questions answeredPets, moving and personal healthAnswers about the virus from Axios expertsWhat to know about social distancingQ&A: Minimizing your coronavirus risk.
  10. Other resources: CDC on how to avoid the virus, what to do if you get it.

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Federal court temporarily blocks coronavirus order against some abortions

Gov. Greg Abbott. Photo: Tom Fox-Pool/Getty Images

A federal judge ruled Thursday that clinics in Texas can immediately offer medication abortions — a pregnancy termination method administered by pill — and can also provide the procedure to patients nearing the state's time limits for abortions.

Driving the news: The decision comes after federal appeals court ruled 2-1 on Tuesday in favor of an executive order by Republican Gov. Greg Abbott that prohibits abortions during the coronavirus outbreak.

Go deeperArrowUpdated 53 mins ago - Politics & Policy

The view from the other side of the coronavirus peak

We'll soon be crowding into cafes it's 1954 in Rapallo, Italy. Photo: LIFE Picture Collection via Getty

Europeans and Americans are desperate to move beyond the worst of the crisis and return to something approximating normality, but the World Health Organization is cautioning that moving too fast will undermine the sacrifices made so far.

Where things stand: Nearly every country on Earth is still seeing their caseload increase, and a recent uptick in Singapore shows that apparent victory over the virus can be fleeting. But several countries are providing reason for optimism.

Go deeperArrow1 hour ago - World