Highline Forum 200722 South King Co Fund Update

• Office of Equity, Diversity, & Inclusion Overview • Economic Recovery • South King County Fund Port of Seattle’s Interwoven Priorities Equity Sustainability Safety/Resilien cy Aviation Maritime Economic Development Corporate Lines of Business / Operations / Asset Management ENVIRONMENT COMMUNITY SAFETY / PREPAREDNESS / RESILIENCY FINANCIAL MANAGEMENT CYBER SECURITY INNOVATION/CONTINUOUS IMPROVEMENT Fiscal Responsibility Cyber Security Adaptive Organization The Plan • Purpose: OEDI’s mission and work – Long term broad strategies, • Guided by three concepts: – Build on previous equity work – Normalize, Organize, and Operationalize – Transactional and Transformative activities • Results Driven SKCF Commission History 2018: Motion 14 Creating the South King County Fund Motion 2019: Motion 10: Development of the South King County Fund 2020: Motion 10: Changing permissible uses of SKCF COVID-19 • March 16, 2020 – Washington State issued a regional quarantine • April 28, 2020 – the Port Commission added “Economic Development” to the permissible uses for the South King County Fund, to support recovery for the region from the COVID-19 pandemic. • June 2020 – The Port Commission approved $1.5 million dollar Opportunity Motion to provide summer jobs for 180 youth who have been adversely affected by the COVID-19 pandemic. Equity Framework for Recovery Core principles for economic recovery actions complement the Commission’s directives on COVID-19 response: • Integrate Values of Equity and Inclusion • Prioritize the Most Vulnerable • Mitigate Economic Loss • Ensure Language and Cultural Competence • Support Community-based Organizations • First round of funding, for non-profits and community groups…
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