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TAXPAYER MONEY WASTED: Washington's $120K REPARATIONS Program That Most Can't Use

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Manage episode 480207083 series 2792715
Content provided by Sean Reynolds. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Sean Reynolds or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://ppacc.player.fm/legal.

Washington state's latest "Covenant Home Ownership Program" is taxpayer-funded discrimination disguised as housing assistance. They're literally handing out $120,000 down payments based on skin color while poor white families and even wealthy black homeowners foot the bill through recording fees. The program has helped a whopping 200 families (sarcasm intended) in a state of millions, requiring applicants to somehow qualify for $7,000 monthly mortgage payments on modest incomes. Is anyone surprised this virtue-signaling exercise won't actually close the homeownership gap? Officials claim success while most eligible recipients can't meet credit or income requirements to use the program. Another example of politicians congratulating themselves while taxpayers fund their empty gestures. Subscribe and share to expose more government waste masquerading as progress!

  continue reading

2823 episodes

Artwork
iconShare
 
Manage episode 480207083 series 2792715
Content provided by Sean Reynolds. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Sean Reynolds or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://ppacc.player.fm/legal.

Washington state's latest "Covenant Home Ownership Program" is taxpayer-funded discrimination disguised as housing assistance. They're literally handing out $120,000 down payments based on skin color while poor white families and even wealthy black homeowners foot the bill through recording fees. The program has helped a whopping 200 families (sarcasm intended) in a state of millions, requiring applicants to somehow qualify for $7,000 monthly mortgage payments on modest incomes. Is anyone surprised this virtue-signaling exercise won't actually close the homeownership gap? Officials claim success while most eligible recipients can't meet credit or income requirements to use the program. Another example of politicians congratulating themselves while taxpayers fund their empty gestures. Subscribe and share to expose more government waste masquerading as progress!

  continue reading

2823 episodes

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