Floyd’s family announces fund for neighborhood where he was killed
A fund has been created by Floyd’s family to benefit the predominately black community of 38th Street and Chicago Avenue, near the Cup Foods where Floyd was killed.
The fund will award grants to eligible businesses, community organizations and 501(c)(3) organizations serving the community.
"His family has been touched by the strength, the spirit, and the need in that community," Benjamin Crump, the family's attorney, said in a statement.
Floyd’s family will direct $500,000 of the $27 million settlement they received from the city of Minneapolis to the fund.
-ABC News’ Sabina Ghebremedhin