The city of San Francisco has announced a plan to redirect $3.75 million from its police budget to Black-owned businesses.
Mayor London Breed made the announcement in a statement Wednesday, May 5 saying, “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.”
“This funding is part our efforts to undo the harm of generations of disinvestment and economic inequities. As we work to recover and make San Francisco a better place to live, work, and do business, we have to invest our resources in a way that lifts up and supports African American small business owners, entrepreneurs, and the entire community,” said breed.
