Houston City Council approves $15M small business relief program

Houston City Council approved a $15 million financial relief program aimed at assisting small businesses impacted by the coronavirus pandemic. The $15 million Small Business Economic Relief Program, or SBERP, will be launched with a portion of the city's Coronavirus Aid, Relief and Economic Security (CARES) Act funds. The program is meant for small businesses, including chambers of commerce, within the city of Houston "that are most in financial need and exhibit a moderate to high likelihood…