Tulsa's first Black mayor proposed creating a $100 million private trust as part of a reparations plan for the impact of the Tulsa Race Massacre which took place more than 100 years ago.
Mayor Monroe Nichols IV, elected mayor in November, says the trust would be used to provide scholarships and housing to the descendants of those impacted by the massacre. He clarified that the trust would not involve direct cash payments, however.
"For 104 years, the Tulsa Race Massacre has been a stain on our city's history," Nichols said Sunday. "The massacre was hidden from history books, only to be followed by the intentional acts of redlining, a highway built to choke off economic vitality and the perpetual underinvestment of local, state and federal governments."