Page:American Jobs Plan Fact Sheet Racial Equity.pdf/3

 Help Black and Brown-owned small businesses access capital and scale through over $30 billion in investments. President Biden is calling on Congress to invest in federal programs that empower small firms to participate in federal research and research and development that has the potential for commercialization. The American Jobs Plan will also create a new grant program through the Minority Business Development Agency that will help small, Brown- and Black-owned manufacturers access private capital. It will enable small businesses to drive the economic recovery by investing $15 billion the Small Business Administration’s 7(a) loan program.

MAKE GENERATIONAL INVESTMENTS IN CLIMATE JUSTICE
 * Deliver 40 percent of the benefits of climate and infrastructure investments in underserved communities. President Biden’s American Jobs Plan targets 40 percent of the benefits of climate and clean infrastructure investments to disadvantaged communities, including communities of color. Through this Justice40 initiative, President Biden will make a once in a generation investment in climate justice.
 * Eliminate all lead pipes across the nation to safeguard the health and safety of families of color. President Biden’s plan will eliminate all lead pipes and service lines in our drinking water systems, improving the health of our country’s children, especially in communities of color. This investment will also reduce lead exposure in 400,000 schools and childcare facilities.
 * Safeguard communities of color from climate crises and extreme weather risks. People of color are more likely to live in areas most vulnerable to flooding and other climate change-related weather events. President Biden’s plan makes critical, targeted investments in climate disaster resilience in communities of color and Tribal communities.
 * Invest in clean energy to advance climate justice and mitigate the disparate impacts of pollution on communities of color. Black, Latino, and Native communities are more likely to be burdened by pollution. Black people are almost three times more likely to die from asthma related causes than their white counterparts. And more than one in three -- or over 23 million -- Latinos in the U.S. live in counties where the air doesn’t meet EPA public health standards for smog. The President’s plan makes ambitious investments in clean power and clean energy, and will mobilize historic levels of private investment into modernizing our power sector.

ADVANCE RACIAL JUSTICE THROUGH AMERICA’S TRANSPORTATION SYSTEM
 * Build a more equitable transportation infrastructure and public systems. Americans of color are more than twice as likely as white Americans to rely on public transportation. In fact, Asian American and African American workers commute by public transit at nearly 4 times the rate of white workers. President Biden’s plan will double the federal government’s investment in public transportation, and will help local public transit systems expand their systems so that communities of color have increased access to public transportation and the economic opportunity that equitable transit systems unlock.
 * Make historic investments in addressing residential segregation caused by decades of failed federal infrastructure investments. Historic investments in transportation infrastructure, especially highway construction, cut too many Americans off from opportunity, dividing and demolishing communities, and perpetuating economic and racial injustices. President Biden’s American Jobs Plan includes $15 billion for a new “Highways to Neighborhoods” program that will reconnect neighborhoods cut off by historic infrastructure projects and ensure new projects increase opportunity, advance racial equity and environmental justice, and promote affordable access.

DELIVER RACIAL EQUITY THROUGH CRITICAL HOUSING INVESTMENTS