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Tulsa to Pay $105 Million for Black Wall Street—100 Years After the Worst Racial Attack in U.S. History

A century after one of America’s worst racial attacks, Tulsa is finally putting real money on the table—but who gets to decide what repair looks like?

Ilse Méndez by Ilse Méndez
June 4, 2025
in History
Tulsa to pay $105 million for black wall street—100 years after the worst racial attack in u. S. History

On June 1, 2025—Tulsa Race Massacre Observance Day—Mayor Monroe Nichols, the city’s first Black mayor, stepped to the podium at the Greenwood Cultural Center and said what his predecessors would not:

“Now it’s time to take the next big steps to restore.”

With that, Nichols announced the Greenwood Trust, a $105 million private reparations initiative aimed at addressing the century-long legacy of violence, erasure, and economic sabotage inflicted upon Tulsa’s Black community during the 1921 massacre—and every year since.

It’s the most ambitious city-led reparations effort in U.S. history. But its structure—and its silences—are already raising questions.

What Happened in Tulsa in 1921?

Tulsa to pay $105 million for black wall street—100 years after the worst racial attack in u. S. History

Before it was rubble, Greenwood was thriving. Known as Black Wall Street, it was home to over 10,000 Black Tulsans—entrepreneurs, doctors, teachers, World War I veterans—people who had built a flourishing community in the middle of Jim Crow America.

Then came May 31, 1921.

It started with a scream in an elevator. A Black teenage shoe shiner, Dick Rowland, was accused of assaulting a white elevator operator—though the most likely explanation is that he tripped and startled her. The next day, the Tulsa Tribune ran a story framing Rowland as a rapist. According to witnesses, the paper also published an editorial titled “To Lynch Negro Tonight.”

That night, a white mob gathered at the courthouse. A group of armed Black men showed up to protect Rowland from lynching. The sheriff turned them away. A confrontation broke out. One shot was fired. And that was all it took.

Over the next 18 hours, white Tulsans turned Greenwood into a war zone. They looted, burned, and murdered. Some were deputized by the police. National Guard troops stood by, focused on preventing a rumored (and nonexistent) Black uprising. Machine guns were fired. Planes dropped firebombs. Black families were gunned down in the street, their homes torched behind them.

By dawn on June 1, more than 1,000 Black homes and businesses had been destroyed. As many as 300 people were killed. Thousands were left homeless. And by the time martial law was declared, the second-largest Black community in Oklahoma had been wiped off the map.

No one was ever charged. Rowland was later cleared of wrongdoing. But a grand jury still blamed Black Tulsans for the violence. Most insurance claims were denied. Greenwood tried to rebuild, but it was never the same.

For decades, the attack wasn’t taught in schools. Survivors were silenced. Generations were denied not only justice, but the right to remember.

And that’s what makes Tulsa’s $105 million promise so heavy. It’s not just money. It’s what happens when a city finally dares to say the words out loud.

See also: Pride Month Begins With the U.S. Navy Erasing Harvey Milk—A Gay Rights Icon and War Veteran

What the Plan Actually Does

Tulsa to pay $105 million for black wall street—100 years after the worst racial attack in u. S. History

Called “The Road to Repair,” the plan doesn’t offer direct payments to descendants or the last two known survivors—Viola Fletcher, 111, and Lessie Benningfield Randle, 110—who were present at the announcement but have never received formal compensation.

Instead, the Greenwood Trust’s $105 million target will be split among:

  • $24 million for affordable housing and homeownership in Greenwood and North Tulsa

  • $60 million for cultural and historical preservation, including revitalizing blighted areas

  • $21 million for land acquisition, scholarships for descendants, and small business grants

The fund is privately raised—no city council approval required—though the transfer of public land will need a vote. Nichols says he expects cooperation.

Why Reparations Now? Why This Way?

The plan arrives in a chilling political climate: Donald Trump is back in the White House dismantling diversity programs, corporations are walking back DEI pledges, and state-level reparations bills are dying on arrival. In that context, Tulsa’s announcement feels almost radical.

But Nichols has also been laying groundwork. Since taking office in late 2024, he established Tulsa Race Massacre Observance Day, released over 45,000 historical documents, and committed nearly $1 million to mass grave investigations at Oaklawn Cemetery—where many victims were buried without names or markers.

This isn’t a PR play. It’s a quiet, determined rewrite of how Tulsa confronts its past.

Tulsa to pay $105 million for black wall street—100 years after the worst racial attack in u. S. History

See also: Greta Thunberg Sets Sail for Gaza—With Aid, a Boat, and a Warning: “We Can’t Be Silent”

The Wound Beneath the Numbers

In 1921, Greenwood—known as Black Wall Street—was one of the most prosperous Black communities in the country. Over two days, a white mob of 10,000 people razed it. More than 300 Black residents were killed. Homes, businesses, and generational wealth were obliterated.

A 2024 Department of Justice report labeled it a “military-style coordinated attack.” Victims were looted, killed, and then abandoned by the government. Insurance claims were denied. History books went silent. And for over a century, the city did nothing.

Even now, the two remaining survivors—Mother Fletcher and Mother Randle—are still uncompensated. They lost a lawsuit for reparations last year. So while Nichols’ plan is historic, it’s not direct restitution. And that matters.

Tulsa to pay $105 million for black wall street—100 years after the worst racial attack in u. S. History

A Step Forward—But Not a Final One

Attorney Damario Solomon-Simmons, who represents victims’ families through the group Justice For Greenwood, called the plan “a hopeful moment.” He noted that many of the trust’s proposals echo what the community has been fighting for.

But hope isn’t the same as justice. This fund doesn’t reverse the massacre. It doesn’t undo decades of redlining, a highway designed to choke Greenwood’s economic growth, or federal disinvestment. It won’t replace lives or land lost. And it won’t be enough for everyone.

Still, it’s a start. A $105 million acknowledgment that you can’t move forward without looking back.

See also: The Met Gala, Black Dandyism, and the Politics of Looking Fabulous on Purpose

Tags: current eventsdark historyhistorypoliticalpoliticsus history

Ilse Méndez

Ilse Méndez

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