March 30, 2021

Metro

Federal stimulus money could be ‘game-changer’ for St. Louis, officials say | Metro

After the Great Recession, it took years for the city to claw its way back. The $787 billion stimulus bill of 2009 didn’t give local governments nearly as much spending flexibility nor as much money, said Paul Payne, longtime city budget director. It was only in the years just before the pandemic hit that shortfalls were turning to surpluses, and the city was rebuilding reserves depleted during the last downturn.

“You’re not going to have to go through that big, long slog again to get back to where you were following the last recession,” Payne said. “This gives us the

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Metro Detroit Black Business Alliance launches with $1 million from TCF Bank

A new collective amplifying the voices of Black business owners is forming in metro Detroit, backed with $1 million from TCF Bank.

Former city of Detroit executive Charity Dean leads the nonprofit Metro Detroit Black Business Alliance as president and CEO. The chamber of commerce-style organization formally launched with a media event late Friday morning at Cutter’s Bar & Grill in Eastern Market. The restaurant’s owner, Chuck Nolen, is the alliance’s board chair.

Conversations about coming together formally have been going on between founding members of the alliance for years, Dean said. But the group began meeting regularly on Tuesday

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