Baker-Polito Administration Announces Partnerships for Recovery, $774 Million Economic Recovery Plan

BOSTON — The Baker-Polito Administration this week announced a $774 million comprehensive plan to stabilize and grow the Massachusetts economy.
The plan focuses on getting people back to work, supporting small businesses, fostering innovation, revitalizing downtowns and ensuring housing stability. Partnerships for Recovery begins today by directing $115 million in new funding to small businesses and Main Streets hardest hit by the COVID-19 pandemic and for workforce training efforts. Additionally, the Administration is aligning multiple funding sources, both existing and proposed, to appropriately respond to the crisis.
Partnerships for Recovery supports five key recovery efforts:

Getting Massachusetts back to work

Supporting small businesses

Revitalizing downtowns

Supporting housing equity and stability

Fostering innovation

Governor Charlie Baker, Lt. Governor Karyn Polito, Housing and Economic Development Secretary Mike Kennealy, Labor and Workforce Secretary Rosalin Acosta, and Administration and Finance Secretary Michael J. Heffernan joined Joe Kriesberg, President and CEO of the Massachusetts Association of Community Development Corporations to announce the plan at the Gardner Auditorium.

“This plan represents a comprehensive strategy to get people back to work and to support the small businesses hit the hardest by the pandemic, putting the Commonwealth on a path to recovery,” said Governor Charlie Baker. “By leveraging existing tools and programs and implementing new ones this plan will allow us to make critical resources and assistance to those who need it most available now.”

“While we continue to combat this pandemic, this plan takes an approach that addresses key needs of the businesses in downtowns and main streets, provides housing support for vulnerable families, and opens new doors for people seeking to return to work,” said Lt. Governor Karyn Polito. “While we acknowledge we still have a ways to go, this plan will help to jumpstart our innovation economy and position Massachusetts to be on a path for success.”

Putting $115 million to work right away for small businesses and workforce training, including more than $25 million to get people back to work;
Directing $323 million in existing capital programs as part of the response to continue doing more of what works;
Filing for $122 million through the Revised H.2 budget to supplement existing funding in support of struggling Main Street businesses and skill building for residents;
Steering $43 million in Federal, trust and other state funding toward our most critical needs; and
Committing $171 million to keep people safely housed during the pandemic.

Getting People Back to Work
In order to get people back to work, new investments are being made to build workforce skills, growing training programs and pathways, forging new partnerships between employers and workers, and supporting internet connectivity to facilitate remote work and online career advancement. The more than $25 million available now includes:

$10.4 million to engage Massachusetts employers by expanding workforce partnerships with large employers in target sectors to create aligned statewide training-employment pathways;
$9.2 million to subsidize internet for low-income populations, and to expand hot spots in unserved and underserved communities;
$3.2 million to modernize MassHire virtual pathways to assess and connect UI claimants to appropriate services and supports;
$2 million to bolster manufacturing training by purchasing a standardized virtual training program to increase workforce for the manufacturing sector; and
$300,000 to supplement $8.4 million toward Career Technical Institutes in H.2 to help close the skills gap for skilled technician jobs and align training to industry needs.

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