Belt, Crowe congratulate local organizations chosen to help small businesses

EAST ST. LOUIS – State Senators Christopher Belt (D-Swansea) and Rachelle Aud Crowe (D-Glen Carbon) congratulate three local organizations chosen to receive funding to help small businesses apply to receive financial assistance.

“Small businesses are the backbone of our communities,” Belt said. “This investment will support the businesses who were affected most by the pandemic. It’s essential that businesses know the funding available through the economic recovery programs, so that we can continue to build back what was lost for our businesses.”

A total of $9 million will be invested to expand the community navigator outreach program. The program will provide support for small businesses that need help navigating financial assistance available from the state and the U.S. Small Business Administration as a result of the American Rescue Plan Act.

The Illinois Department of Commerce and Economic Opportunity trained 13 new regional partners to give assistance to small businesses. Metro East organizations that have served diverse businesses across the state, include Greater Egypt Regional Planning and Development Commission, Illinois Public Health Association and National Main Street Inc. These groups will facilitate technical assistance on a common level to small businesses.

“With this critical investment, our state is working to ensure businesses can operate safely, support opportunities for employees and boost our economy as we rebuild,” Crowe said. “I strongly urge members of the Metro East business community to connect with our community partners to stay informed on available grants and resources.”

To ensure the smallest and most vulnerable businesses are prioritized, navigator partners will provide small businesses with direct assistance on applications, language assistance, on-the-ground outreach, webinars, technical assistance sessions and more.

An expansion of the community navigator program builds on the success of this approach first piloted during the state’s Business Interruption Grants program – which led to a record amount of funding deployed, including over 40 percent of grants to minority-owned businesses. During the BIG program, more than 30,000 unique businesses statewide received outreach from a community navigator.

Businesses are encouraged to visit the DCEO website or call 1-800-252-2923 for more information on recovery programs and support.

Belt congratulates East St. Louis Health Transformation Partnership for health care funding

EAST ST. LOUIS – State Senator Christopher Belt (D-Swansea) is congratulating the East St. Louis Health Transformation Partnership for receiving funding to create community-based programs to reduce health disparities and expand access to quality, affordable health care in the region.

“East St. Louis is the most distressed community in the state,” said Belt, who voted to fund the program. “This funding will ensure that the most vulnerable populations have access to quality and affordable health care.”

The Healthcare Transformation Collaboratives’ goal is to reorient health care in Illinois to reduce inequities, improve health outcomes, address social determinants of health and assist underserved communities with access to quality health care. The Department of Healthcare and Family Services will administer a total of $94.3 million in funding to equity-focused health care collaboratives across Illinois.

East St. Louis Health Transformation Partnership, spearheaded by Touchette Regional Hospital, is one of eight awardees for the first round of funding. The funding will be used to realign the health delivery system and improve the quality of life for those living in the East. St. Louis Metro Area. The participating entities include SIHF Healthcare, SIU School of Medicine, Hoyleton Youth and Family Services, Centene, Memorial Medical Group, ConferMed Weitzman Institute, Washington University, Comprehensive Behavioral Health Center and Zade, Inc.

This project will address the issues of unmet health needs, social barriers, lack of connectivity between organizations, years of disinvestment, limited jobs and inequities in the workforce. These efforts will make the necessary transformations over the next five years to advance the health and well-being of the residents in the Metro East. Major projects include a new health care campus near major highways and transportation hubs, development of an urgent care center and a community health hub in midtown East St. Louis, deployment of community health workers, a new workforce development and job training center in Venice and improvements to public housing throughout the area.

“I’m proud to see funding being spent on communities that have been in desperate need of access to health care for far too long,” Belt said. “We will continue to break down the inequalities present in our health care system and work towards quality health care for all.”

More information is available on the Healthcare Transformation Collaboratives website.

Belt launches Small Business Tour

EAST ST. LOUIS – To promote resources available to small businesses and hear from local owners and entrepreneurs, State Senator Christopher Belt (D-Swansea) is accepting applications to tour shops, restaurants and other establishments in the 57th Senate District.

“Since the onset of the COVID-19 pandemic, small businesses have faced unimaginable challenges,” Belt said. “I want to tour local businesses to show support, empower owners, and hear their stories. It takes the work of all of us to help keep their doors open.”

Belt hopes to tour restaurants, retail shops and businesses that provide personal services. All tours will be in compliance with the state’s public health guidelines and restrictions.

Applications are open, and interested business owners can find the application here. The program will start in the coming weeks and Belt requests that businesses submit their applications soon. Once an application is received, a member of Belt’s team will respond with additional details.

Those with questions can contact Belt’s office at 618-875-1212 or visit SenatorBelt.com.

Belt, Crowe applaud Moody’s upgrade

EAST ST. LOUIS – Moody’s Investor Services has upgraded Illinois’ General Obligation Bonds for the first time in more than 20 years, and State Senator Christopher Belt (D-Swansea) and State Senator Rachelle Aud Crowe (D-Glen Carbon) are praising the General Assembly’s work to get the state to this point.

“This is another example that shows our state is working diligently to restore what has been broken in the past,” Belt said. ”I want to thank our state’s leaders and my colleagues as we have set Illinois on the path to a brighter future.”

Moody’s Investors Services, one of the primary credit rating agencies, recently upgraded Illinois’ General Obligation Bonds a step closer to the top rating. The upgrade shows a stable outlook for Illinois’ economy, meaning state borrowing will cost less, which will in turn save taxpayers money.

The analysis highlighted the Fiscal Year 2022 budget for the upgrade. Moody’s stated the increased pension contribution, repayment of emergency Federal Reserve borrowings, and constrained use of federal aid from the American Rescue Plan Act are to thank for the increased rating.

“A win for Illinois taxpayers, Moody’s upgrade signals our state is making responsible budgetary decisions,” Crowe said. “By enacting balanced budgets and prioritizing fiscal stability over recent years, Illinois is on a path toward financial recovery.”

This is the second positive rating action for Illinois in a week, following an outlook improvement from Fitch.