Economy & Business, States

San Fran Drains Police Funding for Reparations

The mayor of San Francisco announced that $3.75 million will be redirected from the city’s police budget and sheriff’s office to organizations supporting black small businesses.

Mayor London Breed issued a statement about the city’s Dream Keeper Initiative that will fund 17 “nonprofits that serve the black community.” The Initiative announced last year will reinvest $120 million from law enforcement budgets into the San Francisco’s black community.

“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,” Breed said in the statement. “We have invested our resources in a way that lifts up and supports African American small business owners, entrepreneurs, and the entire community.” Read more…

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