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Passages

(875 posts)
Mon Aug 5, 2024, 10:30 AM Aug 2024

CIVIL RIGHTS: Historic victory for Black farmers: $2 billion in relief payments announced

by NNPA Newswire Correspondent
August 3, 2024

By Stacy M. Brown
NNPA Newswire Senior Writer
@StacyBrownMedia

(NNPA Newswire) – This week marks a monumental victory for Black farmers as they begin receiving payments from the $2.2 billion Discrimination Financial Assistance Program (DFAP). After decades of advocacy and struggle, John Boyd, president of the National Black Farmers Association (NBFA), declared the day “a huge win.”

Nearly two years ago, President Biden signed the Inflation Reduction Act (IRA) Section 22007, authorizing compensation for farmers who faced racial discrimination in the United States Department of Agriculture’s (USDA) farm lending practices before 2021. This week, around 43,000 farmers will receive payments of up to $500,000, with the average award being $82,000.

Reflecting on this long-awaited achievement, Boyd recounted his journey, which began almost 40 years ago when he first experienced these injustices.

“No matter how it is sliced, the $2.2 billion in payouts is historic,” he said. This follows previous settlements, including a $1 billion payout in 1999 and a $1.25 billion settlement in 2013.
https://afro.com/black-farmers-receive-payments-discrimination/

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CIVIL RIGHTS: Historic victory for Black farmers: $2 billion in relief payments announced (Original Post) Passages Aug 2024 OP
Oooh... BrianTheEVGuy Aug 2024 #1
President Biden is going to be one of the best ptesidents in my life! spicysista Aug 2024 #2

BrianTheEVGuy

(563 posts)
1. Oooh...
Mon Aug 5, 2024, 10:41 AM
Aug 2024

I bet someone at Tractor Supply is kicking themselves right about now. After TS announced it would no longer serve nor reach out to Black farmers, I imagine these farmers will be spending their new $2 billion windfall with someone else.

Bigotry is bad for business.

spicysista

(1,729 posts)
2. President Biden is going to be one of the best ptesidents in my life!
Mon Aug 5, 2024, 10:48 AM
Aug 2024

He is doing a fantastic job! We are fortunate he decided to run in 2020. Geaux Joe!!!

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