Updated: June 17, 2021 12:31 PM
Created: June 17, 2021 11:56 AM
On Thursday, Mayor Jacob Frey joined Minneapolis small business owners and community leaders to address the $37 million in new economic recovery investments the mayor is proposing with federal stimulus funding made available with the passage of the American Rescue Plan (ARP).
Earlier this month, Frey outlined the plan for the first of two rounds of ARP funding, with economic recovery and inclusion priorities centered on small business support, investments in Black-owned businesses and Black property ownership, job training and placement, and investments in the arts and designated cultural districts in Minneapolis.
The proposal was finalized by the mayor on June 4, making the city of Minneapolis among the first major cities to begin mobilizing the new funding for community needs.
For a full breakdown of the mayor's ARP economic recovery proposals, click here.
Watch the mayor's full press conference below.
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