Chamber Foundation tops $2M in flood recovery grants to local businesses

The Kerrville Area Chamber of Commerce Foundation has distributed more than $2 million in grants to local businesses affected by the July 4 flood, the organization announced this week.

The Foundation has awarded $2,033,450 to 329 businesses through its Kerrville Area Rebuilding & Recovery Fund, which was established after last summer’s disaster. Donors have contributed more than $2.3 million to the fund.

Grants were distributed in two phases. Phase I directed $1,454,450 to 286 businesses for immediate relief needs. Phase II followed with $567,000 to 43 businesses focused on longer-term recovery and business continuity.

Chamber President Mindy Wendele said the grants represent more than financial assistance.

“These funds represent more than dollars — they represent hope, resilience, and the strength of our business community,” Wendele said. “We are deeply grateful to every donor who has helped make this recovery possible.”

Despite surpassing the $2 million mark, the Foundation says funding is becoming strained. Foundation Chairman Pete Calderon said the volume of applications has stretched available resources.

“While over $2 million has already been distributed, the need remains,” Calderon said. “Due to the high number of applications we’ve received this year, the Chamber Foundation’s available funding is becoming limited. We are still accepting applications and reviewing each one carefully as resources allow.”

The Foundation continues to accept applications from businesses that experienced direct or indirect flood impact. Eligible uses include structural repairs, replacement of equipment or inventory, working capital such as payroll and rent, and infrastructure improvements.

Information and application guidelines are available at kerrvillechamber.biz/foundation-kerrville-area-rebuilding-recovery-fund.