skip to main content
skip to newscasts

Saturday, April 27, 2024

Public News Service Logo
facebook instagram linkedin reddit youtube twitter
view newscast page
play newscast audioPlay

Louisiana teachers' union concerned about educators' future; Supreme Court hears arguments in Trump immunity case; court issues restraining order against fracking waste-storage facility; landmark NE agreement takes a proactive approach to CO2 pipeline risks.

view newscast page
play newscast audioPlay

Speaker Johnson accuses demonstrating students of getting support from Hamas. TikTok says it'll challenge the ban. And the Supreme Court dives into the gray area between abortion and pregnancy healthcare, and into former President Trump's broad immunity claims.

view newscast page
play newscast audioPlay

The urban-rural death divide is widening for working-age Americans, many home internet connections established for rural students during COVID have been broken, and a new federal rule aims to put the "public" back in public lands.

SOAR Fund Lifts Up Small Businesses Hit by Pandemic

play audio
Play

Tuesday, November 30, 2021   

HOUSTON, Texas -- Minority-owned businesses across the South are benefitting from a program designed to help them get back on their feet post-pandemic.

The Southern Opportunity and Resilience (SOAR) Fund, is assisting businesses and nonprofits rebuild.

Chandon Gordon owns Houston's GFN Hippy, a small business that coordinates housing for traveling nurses. When the need for housing exploded at the start of the pandemic, Gordon was able to furnish and lease housing to traveling nurses with a low-interest Resilience Fund loan after being denied credit from traditional sources.

"And they were really able to look inside our organization and say, 'You do deserve this, you do need this, this will help you, and we want to see your business thrive,'" Gordon recounted.

Gordon explained GFN Hippy also used the loan to cover payroll and purchase laptops.

As of mid-November, $11 million had been distributed from the Resilience Fund in 14 states to nearly 250 small businesses with owners who self-identify as a woman or a person of color.

Caroline Yarborough, strategy officer at Calvert Impact Capital, the SOAR fund arranger, said most of the businesses receiving help are at risk of being left behind.

"Almost 90% of SOAR fund loans to date have been to businesses with 10 or fewer full-time employees," Yarborough pointed out. "Helping them retool, figure out how to rebuild and operate in the new reality."

As a minority, LGBTQ business owner, Gordon said it was important to provide certified and registered traveling nurses with a safe place to stay.

"They're really looking for a safe, comfortable place," Gordon emphasized. "We focus on making sure that our units are no further than about 15 minutes away from the Texas Medical Center, and they can really get to know the city of Houston."

Supported small businesses have included restaurants, early-childhood centers, health service providers, local produce farms, construction contractors and retail stores.

Disclosure: EMC Communications contributes to our fund for reporting on Environment, Philanthropy, and Social Justice. If you would like to help support news in the public interest, click here.


get more stories like this via email
more stories
The United Nations experts also expressed concern over a Chemours application to expand PFAS production in North Carolina. (Adobe Stock)

play sound

United Nations experts are raising concerns about chemical giants DuPont and Chemours, saying they've violated human rights in North Carolina…


Social Issues

play sound

The long-delayed Farm Bill could benefit Virginia farmers by renewing funding for climate-smart investments, but it's been held up for months in …

Environment

play sound

Conservation groups say the Hawaiian Islands are on the leading edge of the fight to preserve endangered birds, since climate change and habitat loss …


Jane Kleeb is director and founder of Bold Alliance, an umbrella organization of Bold Nebraska, which was instrumental in stopping the Keystone Pipeline. Kleeb is also one of two 2023 Climate Breakthrough Awardees. (Bold Alliance)

Environment

play sound

CO2 pipelines are on the increase in the United States, and like all pipelines, they come with risks. Preparing for those risks is a major focus of …

Environment

play sound

April has been "Invasive Plant Pest and Disease Awareness Month," but the pests don't know that. The U.S. Department of Agriculture says it's the …

Legislation to curtail the union membership rights of about 50,000 public school educators in Lousiana has the backing of some business and national conservative groups. (wavebreak3/Adobe Stock)

Social Issues

play sound

Leaders of a teachers' union in Louisiana are voicing concerns about a package of bills they say would have the effect of dissolving labor unions in t…

Health and Wellness

play sound

The 2024 Arizona Alzheimer's Consortium Public Conference kicks off Saturday, where industry experts and researchers will share the latest scientific …

Environment

play sound

Environmental groups say more should be done to protect people's health from what they call toxic, radioactive sludge. A court granted a temporary …

 

Phone: 303.448.9105 Toll Free: 888.891.9416 Fax: 208.247.1830 Your trusted member- and audience-supported news source since 1996 Copyright © 2021