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San Francisco To Allocate $3.75M From Law Enforcement Budget To Black-Owned Businesses

San Francisco has a goal to reinvest its multi-million dollar police budgets into Black-owned businesses in its community. According to an announcement from San Francisco Mayor London N. Breed, she shared that the city would be awarding $3.75 million from the Office of Economic and Workforce Development (OEWD) and the San Francisco Human Rights Commission (HRC) to its small Black business community as a means to divert the $120 million funding from law enforcement. The new move is part of the city’s Dream Keeper Initiative, which aims to mitigate the economic hardships in San Francisco’s Black community and help support rebuilding its economic power. “Across this country, and in our City, we’ve seen how the Black community’s economic growth and prosperity has historically been disrupted and marginalized,” Mayor Breed said in her statement. “This funding is part [of[] our efforts to undo the harm of generations of disinvestment and economic inequities. As we work to recover and make...

May 10, 2021