Minneapolis Mayor Frey’s Inclusive Economic Recovery Work Group outlines recommendations for an equitable recovery from pandemic, civil unrest
Mar 30, 2022 - 07:20 AM
Minneapolis Mayor Jacob Frey’s Inclusive Economic Recovery Work Group presented recommendations today outlining strategies for an inclusive economic recovery from the impacts of the pandemic and the civil unrest of 2020.
The mayor convened the work group in November 2021. It is co-chaired by PJ Hill and Adam Duininck. Hill is a financial advisor with NorthRock Partners and vice president of the Minneapolis chapter of the NAACP. Duininck is director of government affairs at North Central States Regional Council of Carpenters and former chair of the Metropolitan Council.
“True recovery from the last two years presents an opportunity to do so centering inclusivity,” said Mayor Frey. “For far too long, Minneapolis has been content nibbling around the edges when it comes to embedding race equity in our policymaking. From investing in our City’s Commercial Property Development Fund to strategically building out our Minneapolis HOMES and NOAH preservation programming, these are high-impact ideas. This has been no small undertaking, and I’m incredibly grateful for the time and efforts invested by this work group over the past few months.”
The work group built on ideas developed by the Minneapolis Forward Community Now Coalition, which formed following the civil unrest in 2020.
“We focused on developing an action plan to make sure that those historically left out of economic growth realize the benefits of recovery efforts, especially our BIPOC community,” said Hill. “We came away with an overarching goal: We must rebuild the Black middle class in Minneapolis.”
The work group focused on three topic areas: workforce, housing, and entrepreneurship and small business. They developed recommendations that strive to align, leverage and scale investments; expand access to capital for entrepreneurs, businesses and first-time homebuyers; expand partnerships, advocacy and innovation; and increase outreach and awareness.
“These recommendations provide Mayor Frey and City leaders a blueprint for moving toward a more equitable and inclusive economy for Minneapolis,” said Duininck. “I look forward to seeing these proposals and strategic investments be put into action so we can achieve an economic transformation and recovery that benefits everyone in this city.”
Frey will be working closely with the co-chairs, work group members, and City staff on implementing the recommendations to expand access to capital for small businesses and entrepreneurs and to prioritize access to affordable homeownership and other affordable housing units – especially for low and middle-income BIPOC households.
In the coming weeks, Frey will announce how these recommendations fold into broader investment planning, including but not limited to, the second round of American Rescue Plan Act funding.