Equity

Equity is an approach that ensures everyone access to the same opportunities. Equity recognizes that advantages and barriers exist, and that, as a result, we all don’t all start from the same place. Equity is a process that begins by acknowledging that unequal starting place and makes a commitment to correct and address the imbalance.

Equitable Economic Development

Equitable economic development unlocks the full potential of the local economy by dismantling barriers and expanding opportunities for underrepresented and under-resourced communities. Through accountable public action and investment, it grows quality jobs and increases entrepreneurship, ownership, and wealth. The result is a stronger, more competitive community.

Economic development takes into account the following information:

  • Average life expectancy

  • Education standards.

  • Literacy rates, i.e., what percentage of the population can read.

  • Environmental standards.

  • Availability of housing, plus the quality of housing.

  • Access to healthcare. This takes into account the number of doctors per thousand people, access to affordable medicine, etc.

  • Income per capita.

  • Internet Accessibility