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