Economic Disparities Recommendations | 2023 Update
5.3 . A Increase lending to minority businesses by connecting MWBEs with banks , encouraging banks to lend more to MWBEs and recruit additional lenders with a track record of lending to MWBEs .
City Facilitator : City Manager ’ s Office , Finance Department and Economic Development Timeframe : Long term ( 3-5 years ) - In Progress Partners : Arlington Chambers of Commerce Actions :
• Staff is working with Arlington chambers of commerce and Arlington banks to explore ways to implement this recommendation locally .
• Meetings will be held with the city ’ s major depository banks to ask for their help in achieving these goals .
• Staff has also created a resource sheet with alternative funding options such as fintech loans , which use algorithms to determine credit worthiness and are not restrained by federal banking regulations .
5.4 . A Establish a job resource center at the East Library and Recreation Center , staffed by at least one individual ; encourage companies to conduct job fairs in this area .
5.4 . B Conduct job and Arlington resource sharing group fairs in east Arlington on an annual basis .
City Facilitator : Library Services Timeframe : Long term ( 3-5 years ) Partner : Workforce Solutions for Tarrant County Actions :
• Library Services continues to develop a workforce resource center that consists of a kiosk with online resources at the East Library and Recreation Center . - Complete (& Ongoing )
• Library Services continues to conduct and host job fairs , housing fairs and other resource events at the East Library and Recreation Center . Resume workshops are also offered in partnership with Goodwill Industries . Library Services has also partnered with UTA to provide LinkedIn workshops . Library staff also provides headshots for resume and online employment profiles . - Complete
Unity Council Report 2023 76