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Snapchat its efforts to root out2/24/2023 In addition, the ARP increased Supplemental Nutrition Assistance Program (SNAP) benefits by 15% through September 2021. The ARP provides cash relief directly to low- and middle-income Americans, and has cut Black child poverty by 30.2%, lifting more than 1 million Black children out of poverty in October alone. Providing Immediate Relief to Black People and Families through the American Rescue Plan.These transformative policies and programs include: Under President Biden, federal agencies are now working to ensure that projects proposed for federal funding are reviewed for disparate impacts before they are awarded and that federal funding does not go to grant applicants with a record of racial discrimination. The ARP has expanded access to wealth creation through small business ownership in Black communities, and President Biden has directed agencies to increase the share of federal contracting from small disadvantaged businesses, including Black-owned businesses, by over 50% by 2025. By signing into law the historic American Rescue Plan (ARP) and Bipartisan Infrastructure Law and implementing robust regulatory reform, President Biden has helped create new economic opportunities for Black Americans and made long overdue investments in Black communities. Nearly one year in, the Administration has delivered real and lasting change for Black Americans.Įconomic Opportunity for Black Families and Communities. Centuries of injustice and decades of disinvestment in Black communities not only undermine the American promise of equal opportunity, but also keep our entire nation from reaching its potential. For generations, entrenched disparities in our society and economy, at times facilitated by the federal government, have made it harder for Black Americans to have a fair shot at the American dream.
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