Sunday, December 4, 2022

Play

Group wants rollbacks of some IA voting restrictions; RSV, Flu, COVID: KY faces "Triple Threat" this winter; Appeals court halts special master review of documents seized at Mar-a-Lago.

Play

The Senate passes a bill forcing a labor agreement in an effort to avoid a costly railway worker strike. The House Ways and Means Committee has former President Trump's tax returns in hand. The Agriculture Committee is looking at possible regulations for cryptocurrency following the collapse of cryptocurrency giant FTX. The Supreme Court will be reviewing the legality of Biden s student debt relief program next year. Anti-semitic comments from Ye spark the deletion of tweets from the the House Judiciary Committee GOP's Twitter account.

Play

The first-ever "trout-safe" certification goes to an Idaho fish farm, the Healthy Housing Initiative helps improve rural communities' livability, and if Oklahoma is calling to you, a new database makes it easier for buyers and builders to find available lots.

SOAR Fund Lifts Up Small Businesses Hit by Pandemic

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
According to the Brennan Center, at least one bill with a provision restricting access to voting was introduced in the legislature of every state except Vermont in 2021. (Adobe Stock)

Social Issues

The Iowa League of Women Voters plans to ask the Iowa Legislature to rethink the voting restrictions put in place prior to last month's midterm electi…


Environment

Agriculture groups and government agencies aren't slowing down in trying to convince farmers to use more sustainable practices such as cover crops…

Social Issues

Winter is here, leaving many older South Dakotans vulnerable to social isolation. But a growing body of research, as well as opportunities, shows …


Almost 60% of Black students and 50% of Latino students experience food insecurity, compared with 30% of their non-Hispanic white peers, according to a study by the Wisconsin HOPE Lab. (Adobe Stock)

Social Issues

By Jala Forest / Broadcast version by Nadia Ramlagan Reporting for the Kent State-Ohio News Connection Collaboration Nearly 40% of college students a…

Environment

The Biden administration has proposed a rule to limit methane flaring from oil and gas development on public lands. The rule would impose royalty …

Each year in the United States, an estimated 58,000 to 80,000 children younger than 5 are hospitalized due to RSV infection, according to the CDC. (Adobe Stock)

Social Issues

The flu, COVID and RSV are rapidly spreading in Kentucky, and health experts say that's a problem for hospitals, schools and the state's vulnerable …

Environment

As its 125th anniversary nears, the Connecticut Audubon Society has released a report detailing the effectiveness of conservation efforts in the …

Social Issues

2022 was a banner year for women elected as governor. Nearly one-third of America's governors will be women next year, which is a record. Iowa …

 

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