Harris County Judge Lina Hidalgo announces proposal for new $30 million small business fund

HOUSTON – Judge Lina Hidalgo held a press conference Tuesday morning to announce a proposal for a new $30 million relief fund to support micro and small businesses recovering from the economic effects of the COVID-19 pandemic. Hidalgo said the small business recovery fund would use money from the American Rescue Plan Act (ARPA) and is to be administered by LiftFund, a nonprofit community development financial institution. “Running a small business is a huge challenge, even during the good times,” Hidalgo said. “The personal sacrifices that small business owners make day in and day out for their community are huge and we owe it to them to support them as…