During its second phase, HopkinsLocal set specific goals for construction project commitments, hiring, purchasing, and investing by FY 22. These included:
- Filling, by FY2022, 50 percent of targeted positions by hiring from within the city’s most distressed communities
- Increasing by at least $25 million over three years the amount of goods and services the university and health system purchase from Baltimore-based businesses, including those owned by minorities and women
- Maintain 24 suppliers from outside the area and holding them accountable to hire, procure, and invest locally
- Increase the amount of addressable spend that is committed to certified minority-owned, women-owned, disadvantaged businesses (MBEs). The goal is to spend 20 percent with those businesses annually by the end of FY22.
- Hiring an independent investment management firm with a Baltimore office. That firm will manage a multi-million dollar investment that is part of the university’s endowment.
Results from FY2019 to FY2022 years of HopkinsLocal in comparison to the second iteration of goals are available in the FY22 Progress at a Glance document.