It comes after the singer launched a Black-owned Small Business Impact Fund in July, which gave 20 Black-owned companies throughout the US a $10,000 (£7,558) grant every.
Now, Beyoncé’s introduced a $500,000 (£370,000) fund to assist in the battle in opposition to the housing disaster introduced on by the pandemic.
“The housing moratorium is ready to finish on December twenty sixth, leading to mortgage foreclosures and rental evictions,” the muse mentioned in a statement on Beyoncé’s website. “Many households are impacted, as a result of pandemic that resulted in job loss, illness and total economic system downturn.”
To assist in the disaster, the muse will award $5,000 (£3,700) to 100 households going through eviction as a result of closing of the moratorium. Purposes for the grants open on January 7, with cash to be distributed by the top of the month, earlier than a second spherical of funding shall be allotted in February.
Beyoncé CREDIT: Garreth Cattermole/Getty Photos
“Once we had been confronted with the pandemic attributable to COVID-19, BeyGOOD created a plan to make a distinction,” the assertion reads. “We assisted organisations throughout the nation that had been offering individuals with primary wants like meals, water, family provides and COVID testing. We additionally offered psychological well being assist.
“We then launched our BeyGOOD Small Enterprise Impression fund and thus far over 250 small companies have acquired $10k grants.
“Beyoncé is constant her coronary heart of assist and serving to the place wanted most. Section Two of the BeyGOOD Impression Fund will now assist these impacted by the housing disaster.”
In the meantime, Beyoncé released ‘Black Is King’ – the visible companion to her Lion King soundtrack ‘The Reward’ – in July.
Reviewing ‘Black Is King’, NME wrote: “Coronavirus has taken it out of us all, and for black folks everywhere in the world it’s been an particularly tough few months, the world lastly waking as much as the injustices that we’ve been shouting about for years.
“Some days it looks like a Beyoncé determine might remedy all of it, however we don’t want her to be a politician or a president. Her high-end interpretation of a childhood traditional is unlikely to emancipate the oppressions of us common black folks, however what it does is present a second of levity and recognition, delivering leisure in its most artistic of types.”