Committee on Business and Economic Development Budget Report Advances Councilmember McDuffie’s Racial Equity Agenda

Committee on Business and Economic Development Budget Report Advances Councilmember McDuffie’s Racial Equity Agenda

Press Release
Invests in Black entrepreneurs by providing access to capital.Operationalizes racial equity by implementing the REACH Act.Funds a disparity study so more District procurement supports minority and women entrepreneurs. Washington, D.C. -- On Thursday, June 25, 2020, the Committee on Business and Economic Development, led by Chairman Kenyan R. McDuffie, passed its budget report for Fiscal Year 2021. The budget is the culmination of months of work including public hearings, engagement with advocates and stakeholders. This budget report is focused on advancing Councilmember McDuffie's Racial Equity Agenda. With today’s vote in support of the budget report, Councilmember McDuffie said: "Developed through the lens of racial equity and recognizing the disproportionate impact the public health emergency is having on communities of color, specifically black people, the Committee’s budget significantly invests in District…
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