Mayor Bowser Previews Growth Agenda Legislation, Announces New Vitality Fund and Growth Fund Recipients

Mayor Muriel Bowser launched new legislation aimed at enhancing economic growth and reducing barriers for businesses in Washington, DC, as part of her Growth Agenda. This initiative includes announcing nine businesses that received a combined $1. 54 million from the Vitality and Growth Funds, projected to create 250 jobs. Proposed legislation consists of the Zoning Decision Appeals Amendment Act, which seeks to streamline zoning appeals, and the Poker and Blackjack Gaming Authorization Act to generate new revenue streams. The Vitality Fund is crucial for attracting businesses in high-growth sectors, while the Growth Fund aims to support local startups.

Deputy Mayor Nina Albert highlighted the importance of these funds in fostering innovation and strengthening neighborhoods. Since its inception, the Vitality Fund has committed to creating 870 new jobs and investing over $35 million in capital improvements. The Growth Fund, launched earlier this year, plays a vital role in helping local businesses scale while remaining in the District. These actions reflect DC's commitment to creating a competitive and equitable economy.