During the 2022 short session, the Oregon legislature passed SB 1579, the Economic Equity Investment Act, to build economic stability, self-sufficiency, wealth building and economic equity among disadvantaged individuals, families, businesses, and communities in the state. The program was allocated $15 million and will distribute funding to organizations who will, in turn, implement programs and provide resources to eligible beneficiaries to address longstanding economic inequities in four key areas: ownership of land and property; entrepreneurship and business development; workforce; and intergenerational wealth building.
This report covers fiscal years 2023-2024.
For more information, visit https://www.oregon.gov/biz/programs/Economic_Equity_Investment_Program/Pages/default.aspx
Organization: State of Oregon
Last updated: 2023-09-15T16:38:34.481036
Tags: economic-equity, economic-equity-investment-program, eeip, equity, fiscal-year-2023, fiscal-year-2024