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SAN DIEGO (KGTV) - The Central San Diego Black Chamber of Commerce announced a new relief fund for Black owned business meant to keep them afloat during the pandemic.They held a press conference Sunday afternoon at Waterfront Park announcing the Black Business Relief Grant Fund.Lance Growth, member of the chamber and CEO of Growth 1031, organized the press conference and says this is going to fill the gap where the government's Paycheck Protection Program fell short, "for the COVID crisis yes this is a light at the end of the tunnel."Growth says about 95% of black owned businesses did not get federal money."I don’t want to say insulting but disheartening where you watch this crisis unfold then you see your government say, 'Hey we know how bad this is we are going to provide you help,' but then you read about the businesses that [didn't get] PPP, and it just folds into the social unrest," he said.He said the grants and microloans will pay for anything from rent to supplies to payroll.Growth said they weren't going to make the application nearly as time consuming and invasive as the PPP, "we’re just going to try and get you this money as fast as possible because everyone is hurting from this pandemic."Applications open Wednesday, June 17, and priority will be given to small disadvantaged businesses in low income neighborhoods.Specific criteria for the grants will be defined Wednesday, according to the chamber.They are expecting a very high demand, compared to the amount they can give out. "One of the big things we announced is a goal that we want to raise million dollars in 60 days," Growth said, urging San Diegans to use this opportunity to get involved and make a difference.He said supporting black owned businesses help them thrive and remove barriers for the next generation. 1817

SAN DIEGO (KGTV) -- The Navy confirmed Thursday that the suspected Golden State Killer attended and graduated basic training at the Naval Training Center in San Diego.Officials say Joseph DeAngelo, 72, graduated from the training center after attending from October to December of 1964.DeAngelo also served aboard the Boston-class guided-missile cruiser USS Canberra (pictured below) during the Vietnam War.The Naval Training Center closed in 1997 and is now known as Liberty Station. The San Diego's District Attorney is also reexamining cold cases in San Diego that may have links to DeAngelo. TIMELINE: Major events in Golden State killer caseNew information Thursday also helps paint the picture of how authorities were able to catch the man accused of killing at least 12 people and raping at least 45 women.Prosecutors say authorities used genealogical sites to find a DNA match for DeAngelo, according to the Associated Press.Investigators compared the DNA collected from a crime scene of the Golden State killer to online genetic profiles and found a match: A relative of DeAngelo. Investigators didn't go into further detail such as which company they went through. DeAngelo is accused of committing the murders, rapes and more than 120 burglaries in the decade spanning between 1976 and 1986.RELATED: Suspect identified, arrested in East Area Rapist/Golden State Killer caseMost of the crimes happened near Sacramento and in the Bay Area.The Associated Press contributed to this report. 1544

SAN DIEGO (KGTV) — The Federal Reserve's decision to lower its key interest rate to near zero will help some San Diegans, but frustrate others.The Fed reduced its Federal Funds Rate to near zero for the first time since the Great Recession of 2008. The move, in reponse to the Coronavirus outbreak, will help keep auto loan rates low and mortgage rates near historic lows. It will also, however, lower earnings from interest bearing savings accounts. Greg McBride, chief financial analyst for Bankrate, predicted the economy to go into a recession, but said the low borrowing rates would help jump start spending once activity picks up again. "Coming out of that, one of the things that's going to give the economy a boost to recover from that will be these brutally low interest rates that entice consumers and businesses to resume borrowing and spending," McBride said. "Somebody concerned about losing their job is not going to go to go out and buy a car."Mortgage rates are already extremely low, with the average rate for a 30-year fixed is 3.36 percent. Still, that's above the all-time lows reached earlier this month, when the Federal Reserve made its first emergency cut. Mark Goldman, a loan officer for C2 Financial Corp., said there has been a rush to refinance since that earlier drop — a big reason why rates did not fall deeper."There's so much refinancing business going on right now that lenders can't stand a lot more business, so they price accordingly," Goldman said. Still, those mortgages rates will remain low as San Diego County enters what's typically its peak home buying season. 1613

SAN DIEGO (KGTV) -- Summer is here and it’s time to welcome back Opening Day at the Del Mar Racetrack. This season, the races kick off Wednesday, July 17 and last through Monday, September 2. If you’re planning to head to the races for Opening Day, gates open at 11:30 a.m. and the first race begins at 2 p.m. Stretch run tickets for Opening Day are and Clubhouse tickets are . RELATED: Del Mar Racetrack 2019 Summer Concert Series: Ziggy Marley, Chase Rice among scheduled performersFor those not interested in the first race of the season, tickets Wednesday through Sunday are for Stretch Run and for Clubhouse. Click here for more information on tickets. General and early bird parking is , and preferred parking is . For anyone looking to spend a bit more, valet parking is ( on Opening Day) and limo and bus parking is (0 on Opening Day. 885

SAN DIEGO (KGTV) - The memories came flooding back for Vietnam veteran Ray Hildreth as he returned to Camp Pendleton 50 years later. He wanted to tour his old unit, the 1st Recon Battalion."Looking at the mountains, I remember having to run up and down them!"And while the current 1st Recon Battalion Marines may not recognize Hildreth, they know his story. In June of 1966, Hildreth's unit was stationed on Hill 488 in the jungles of Vietnam. Before the week was over, they would fight the battle that would make them the most highly decorated small unit in the entire history of the U.S. military, winning a Congressional Medal of Honor, four Navy Crosses, thirteen Silver Stars, and eighteen Purple Hearts—some of them posthumously.There were just 18 of them when they encountered the enemy, a battalion of over 200. "Early on in the battle, and all the Marines here can identify with this, the NVA yelled out 'Marines you die in an hour,' and we had some colorful words to say back to them, and said, come and get us," remembers Hildreth.The late Staff Sergeant Jimmie Howard served as platoon leader with 1st Reconnaissance Battalion and led the defense of Hill 488 when attacked by the North Vietnamese.Howard had combat experience from Korea, and Hildreth credits the leader with keeping them alive. "Sergeant Howard said, 'Laugh at them!' And we did, we laughed out loud at them. Later I went back to Vietnam, 2011. I met one of the NVA we fought against. I asked him, what did you think when we laughed at you? He said we thought you were a much bigger unit. And it was that laugh, I'm sure of, that made them not just try to walk over the top of the hilltop and take us," said Hildreth. When they were out of grenades, the men began throwing rocks. "If we hadn't laughed at them, by sheer numbers, they could've walked across the top of the hill and killed us. At the end of the day, there were maybe eight rounds of ammunition left between us."The unit killed an estimated 200 people.Of the 18, all were wounded, and six died. Hildreth wrote a book about the battle, titled Hill 488."I thought people needed to know about the battle, not everyone went over there took drugs and smoked pot," said Hildreth. "We went over there with a different outlook, we're supposed to be here, there's a reason for it, and we done our job. We didn't protest."During the visit, Hildreth was accompanied by some of Staff Sergeant Howard's family members. 2456

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