2008 July | Southern Bancorp

July 2008

The Power to Care program eases high cost of summer electric bills for many Arkansans

July 21st, 2008
Source: KATV Channel 7

With summer temperatures reaching triple digits, many Arkansans have trouble paying their electric bills. Entergy Arkansas’ The Power to Care program, administered by Southern Good Faith Fund, provides financial assistance to eligible Entergy customers who are elderly or disabled and meet income guidelines. Rosalie Tripp, SGFF’s Program Coordinator for The Power to Care, was interviewed as part of this news story that explained how the program helps many Arkansans who otherwise might have to choose between paying their electric bill and buying food or medicine.

Report on payday lenders: 101 comply, 55 defy Attorney General’s order to stop making loans

July 16th, 2008
Source: KTHV Channel 11

Arkansans Against Abusive Payday Lending (AAAPL) held a news conference July 16, 2008, to release a report evaluating payday lenders’ compliance with Arkansas Attorney General Dustin McDaniel’s March 2008 order to stop making loans. The report found that 101 of 156 lenders have complied with McDaniel’s order and stopped making loans while the remaining 55 remain open in defiance of the order. AAAPL Chairman Michael Rowett, Research and Communications Manager for Southern Good Faith Fund’s Public Policy program, presented the report findings at the news conference, which was covered extensively by central Arkansas media.

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Archive: July 2008 | Section: Uncategorized

Delta Bridge Project announces $90,000 grant to place summer interns with local organizations

July 15th, 2008

Shepherd Delta Alliance partnership designed to build capacity of local community based organizations (CBOs) to engage in community development activities

Arkansas families casualties of souring economy

July 14th, 2008
By Rob Moritz \\ Arkansas News Bureau

While more people are moving to food stamps to help meet their needs, Duran said the stamps’ purchasing power has dwindled.

“The food stamp dollar is not going as far as it used to because of the increase in various prices,” she said, noting a national study in May that found the cost of a dozen eggs was up 27 percent from a year ago, a gallon of milk increased 15 percent and a pound of chicken rose 73 percent.

Delta Bridge Project announces $132,000 grant for Marvell affordable housing

July 3rd, 2008
Source: Southern Financial Partners

Grant and additional financing will fund $196,215 redevelopment of substandard housing, coordinated with city clean-up program funded in 2007 through Delta Bridge

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