The Mayor layed out his economic plan to the public Thursday. He says his administration wants to increase more spending with minority-owned firms and offer minorities wanting to start their own business more loan programs and incentives.
via wtvr.com Sandra Jones.
That meant $16.4 million in minority contracts in 2009-10, compared with the previous year’s total of $14 million. At the same time, overall spending by the city was $232.6 million, down from the previous year’s total of $251.4 million.
via timesdispatch.com WILL JONES.
Although the city’s population increased by 1 percent from 2008 to 2009, the number receiving food stamps has grown by 28 percent, he said. And 60 percent of single mothers with young children live in poverty in Richmond.
via timesdispatch.com Karin Kapsidelis.
City of Richmond, Virginia
The new loan program, funding for which was approved by Richmond City Council as part of Mayor Jones’s FY2011 budget, will also help foster procurement opportunities for urban entrepreneurs. OMBD is ready to accept pre-applications at this time. The pre-application is a critical prerequisite to determining who may be eligible to advance to the formal loan underwriting stage. The first round of loan approvals will likely be completed in September. The Contractor Assistance Loan Program has initially been capitalized with $1 million, and individual loans will generally be in the $25,000 to $100,000 range. blogspot.com
United States
California’s highest court has upheld the state’s 14-year-old law barring preferential treatment of women and minorities in public school admissions, government hiring and contracting. ap.org
Virginia
An opinion article by Sen. Jim Webb, D-Va., advocating an end to government diversity programs is drawing fire from the head of the Virginia chapter of the NAACP. timesdispatch.com
City of Richmond, Virginia
Sen. Jim Webb, D-Va., is arguing for the elimination of government-directed diversity programs, saying they have expanded “so far beyond their original purpose that they now favor anyone who does not happen to be white.” timesdispatch.com
City of Richmond, Virginia
The position had been classified formally as a deputy director post and now carries a maximum salary and benefits package of $183,133 — about $50,000 more than what was available previously. timesdispatch.com
Why targeting black clubs in the wake of recent violence could backfire.
King Salim Khalfani, resplendent in a black suit, red tie and gleaming bald head, steps to the cameras and unleashes his latest tirade:
