COVID Fund Use: Diversity & Development

What’s happening? A permitted use of federal COVID Relief funding is downtown development. Treasury Department Guidance for this use includes broad flexibility to build up disproportionately impacted communities.

Why is this important? COVID impacted real estate in downtown areas and also impacted BIOPIC communities disproportionately.

How will this be important? Legislative bodies have not finalized how they intend to utilize federal COVID relief funding.

Recast City via Governing | A Unique Opportunity for Racial Equity in Downtown Development