4 Million State Grant to Support Business and Community Reinvestment in Tacoma
Tacoma has secured a $4 million grant from the Washington State Department of Commerce to support economic growth and revitalization in communities affected by the war on drugs. The funding will provide revolving loans, commercial grants, and technical assistance to approximately 50-60 local businesses and non-profits. Mayor Victoria Woodards emphasizes the importance of creating equitable opportunities in historically marginalized communities.