San Francisco Mayor London N. Breed announced yesterday the awarding of $3.75 million to serve San Francisco’s Black and African American small business community.
This investment by the Office of Economic and Workforce Development (OEWD) and the San Francisco Human Rights Commission (HRC) is part of the Dream Keeper Initiative, which is reinvesting $120 million from law enforcement into San Francisco’s African American community.
In June 2020, following the killing of George Floyd, Mayor Breed and Supervisor Shamann Walton announced a plan to prioritize the redirection of resources from law enforcement to support the African-American community. Following that plan, HRC led an extensive and collaborative process with the community to identify and prioritize funding needs and developed a report to guide the reinvestment.
The community engagement process included more than 60 community meetings, listening sessions, coalition convenings, and surveys with over 700 respondents. As part of the budget process, Mayor Breed redirected $120 million from law enforcement for investments in the African American community for Fiscal Years 2020-21 and 2021-22.
This funding is aimed at mitigating the economic hardships facing San Francisco’s African American community and will support rebuilding of the community’s economic power in San Francisco.