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Jacob Frey: “We've got what is called our ownership and opportunity fund…”

Featuring: Jacob Frey, Democratic–Farmer–Labor | Mayor of Minneapolis | Minnesota

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Jovonta Patton Podcast with Mayor Jacob Frey (Special Episode)

Published | Video Starts at 38:46

We have had grants that can go for, say, like a. If you got to set up a restaurant, you need a mop basin. And mop basins can be really expensive. And then We've got what is called our ownership and opportunity fund, which provides funding so that business owners can own not just the underlying business, but the underlying property. So that when they succeed, because that value gets jacked up and, you know, people. More customers are coming in and the value goes up, they don't get bumped out of the spot because the rent went up along with it. (38:46–38:58)

CLAIM

Asserts the existence of an ownership and opportunity fund for business owners to own property.

This is an excerpt from a raw transcript. The assertions have not been audited or verified. Tap the video to view the source footage and understand the context.


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PolitiQuote is a civic library index to statements made by politicians in publicly available video records. The index is created automatically from transcripts, with no editorial oversight or analysis. Highlighted quotes are selected by AI. Words may be added in parentheses to offer context for the quote. There may be errors in the transcription and display, so listen to the video to ensure accuracy.

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