LITTLE ROCK— Southern Good Faith Fund’s Public Policy program today released a report that proposes creating an Arkansas Promise Trust Fund to help more Arkansans go to college, financed by an increase in the state’s historically low severance tax on natural gas.
HELENA-WEST HELENA Southern Place Apartments, one of the largest multi-family housing developments in Phillips County in several decades, has opened.
Southern Community Development Corporation hosted the opening ceremony yesterday. Representatives from the Arkansas Development Finance Authority; the U.S. Department of Agriculture/Rural Development; Congressman Marion Berry’s office; and the offices of Senators Blanche Lincoln and Mark Pryor spoke at the event.
The Delta Area Health Education Center will receive $50,000 in grant funds to enhance the program’s efforts to improve health care delivery. Helena Health Foundation and Southern Financial Partners each granted $25,000.
Press Release – June 17, 2002
Physicians, hospitals and other health care providers in Arkansas have received more than $8.8 million in loans to improve access to health care in rural, medically underserved areas of Arkansas through the Arkansas Rural Health Revolving Loan Fund (RLF).
Because of the success and significant impact of the RLF, the Robert Wood Johnson Foundation (RWJF) has committed another $500,000 grant to the loan fund.
Press Release – March 13, 2002
Southern Financial Partners (SFP) has received a $160,000 grant from the U.S. Department of Agriculture’s Rural Development.
The grant will be used to capitalize a loan fund that will help finance businesses in thirteen counties in eastern Arkansas creating new jobs and providing access to over $1 million in capital to the economically distressed region.
Press Release – February 6, 2002
Southern Financial Partners received a $200,000 grant and a $1 million loan from the Winthrop Rockefeller Foundation. Southern Financial Partners (“SFP”) is a non-profit affiliate of Southern Development Bancorporation.
Southern Financial Partners provides lending services, financial training and technical assistance to small businesses in rural Arkansas and Mississippi to stimulate economic growth.
Arkansas Enterprise Group announced today that it will change its name to Southern Financial Partners, effective immediately. Southern Financial Partners is a non-profit affiliate of Southern Development Bancorporation, an Arkansas-based community development bank holding company.
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