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State Farm to Give $200,000 for Community Revitalization in Tacoma
A lot of high hopes hang on State Farm's move into vacant Russell offices in downtown Tacoma - and early signs suggest reality might back up those hopes.
We wrote in January that State Farm's expanded Pierce County presence had affected commercial occupancy and rental rates in the county.
Now The News Tribune is reporting that not only does State Farm expect to bring 1,500 employees to Tacoma (up from 1,100), but the insurance company will be making a $200,000 grant for "community revitalization" in Tacoma.
In partnership with the Local Initiatives Support Corporation, State Farm is giving a total of $4 million to 11 cities for a variety of programs to support those communities, according to the LISC press release.
In particular, the grant will focus on efforts to build financial opportunities for families, improve community safety, revive vibrant commercial corridors and spur better educational outcomes.
Local organization Impact Capital will administer the grant. They plan to hold community roundtable conversations about how to best use the grant this spring.
So, $200,000 for community revitalization in Tacoma to "build financial opportunities for families, improve community safety, revive vibrant commercial corridors and spur better educational outcomes." Where should we begin?
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