Waterfront Corporation Plans to Work with Women- and Minority-Owned Businesses

Date: 
August 3, 2011

The Delaware River Waterfront Corporation has plans to spend about 25 to 30 percent of its discretionary budget working with women- and minority-owned businesses.

That money -- about $1.05 million -- will supports goods and services from those businesses this fiscal year.

PlanPhilly reports on the spending plan, which was discussed at a recent DRWC meeting. Half of the organization's $7 million budget is reserved for institutional costs, and the DRWC spends about $10 million additionally each year on capital projects.

The DRWC worked with the Urban Affairs Coalition to outline the plan, and will form a committee to oversee its implementation and make suggestions.

http://www.newsworks.org/index.php/the-feed/item/24269-waterfront-corporation-plans-to-work-with-women-and-minority-owned-businesses

Author: 
Shannon McDonald
Source: 
Newsworks.org