The point is a true one; this _really is_ what some community leaders believe. This belief _really is_ why Chicago is doing this program.
> “Tonight is about a new opportunity on how to participate, about not just being a consumer but to be an owner,” Ald. Ronnie Mosley (21st Ward) said at the pulpit in front of the crowd of a couple hundred people.
https://thetriibe.com/2025/01/chicagos-black-residents-can-i...
There is much more support for that having actually been the sales pitch and political compromise there and elsewhere on the record.
And yes, this is a belief with a long and storied history in American politics.