PeopleFund Blog

OFN Announces PeopleFund Receives Grow With Google Small Business Fund Loan and Google.org Grant to Help Small Businesses Recover From COVID-19

Opportunity Finance Network has awarded PeopleFund a $1,500,000 loan and a $125,000 unrestricted grant to help support the CDFI’s minority and women-owned business borrowers Today, Opportunity Finance Network (OFN) announced that PeopleFund was one of four CDFIs in the first round of Grow with Google Small Business Fund loans and grants from…

Opportunity Finance Network has awarded PeopleFund a $1,500,000 loan and a $125,000 unrestricted grant to help support the CDFI’s minority and women-owned business borrowers Today, Opportunity Finance Network (OFN) announced that PeopleFund was one of four CDFIs in the first round of Grow with Google Small Business Fund loans and grants from…

PeopleFund & City of Victoria Launch Small Business Relief Program

Small business relief program to begin accepting applications For immediate release on May 13, 2020 Starting Monday, May 18th, Victoria small business owners will be able to apply for $845,000 in COVID-19 relief loans after the Victoria City Council approved an agreement Tuesday with PeopleFund to create the Business Resiliency Microloan Program….

Small business relief program to begin accepting applications For immediate release on May 13, 2020 Starting Monday, May 18th, Victoria small business owners will be able to apply for $845,000 in COVID-19 relief loans after the Victoria City Council approved an agreement Tuesday with PeopleFund to create the Business Resiliency Microloan Program….

Client Highlight: The Little Art Bus

The Little Art Bus (TLAB) is the first small business to benefit from our Fort Worth Microloan Relief Program with the City of Fort Worth. TLAB, owned and operated by Niki Little in Fort Worth, Texas, aims to bring a creative experience right to your front door. TLAB provides a fun and…

The Little Art Bus (TLAB) is the first small business to benefit from our Fort Worth Microloan Relief Program with the City of Fort Worth. TLAB, owned and operated by Niki Little in Fort Worth, Texas, aims to bring a creative experience right to your front door. TLAB provides a fun and…

Regions Foundation Announces Grant for PeopleFund to Help Small Businesses Affected by COVID-19

By Kim Borges April 24, 2020 PeopleFund is providing valuable resources to businesses across the Lone Star State. BIRMINGHAM, Ala. – April 24, 2020  – The Regions Foundation, a nonprofit initiative of Regions Bank that supports community investments, on Friday announced a $100,000 grant for PeopleFund, a Community Development Financial Institution (CDFI)…

By Kim Borges April 24, 2020 PeopleFund is providing valuable resources to businesses across the Lone Star State. BIRMINGHAM, Ala. – April 24, 2020  – The Regions Foundation, a nonprofit initiative of Regions Bank that supports community investments, on Friday announced a $100,000 grant for PeopleFund, a Community Development Financial Institution (CDFI)…

City of Fort Worth and PeopleFund Launch New Microloan Program Supporting Local Businesses

The City of Fort Worth is teaming up with PeopleFund to launch the Business Resiliency Microloan Program, which is prepared to provide at least $850,000 to eligible businesses in Fort Worth who are being impacted by the COVID-19 crisis. These loans may be used to pay fixed debts, payroll or accounts payable,…

The City of Fort Worth is teaming up with PeopleFund to launch the Business Resiliency Microloan Program, which is prepared to provide at least $850,000 to eligible businesses in Fort Worth who are being impacted by the COVID-19 crisis. These loans may be used to pay fixed debts, payroll or accounts payable,…

PeopleFund & City of Eagle Pass Inject $200,000 Into Small Businesses

In partnership with PeopleFund, the City of Eagle Pass announces the release of the Downtown Revolving Loan Fund (DRFL). The DRFL will provide a low interest financing option to individuals looking to open a new business in the Central Business District, with a high emphasis on Main Street. The City has committed…

In partnership with PeopleFund, the City of Eagle Pass announces the release of the Downtown Revolving Loan Fund (DRFL). The DRFL will provide a low interest financing option to individuals looking to open a new business in the Central Business District, with a high emphasis on Main Street. The City has committed…

PeopleFund Provides New Market Tax Credit for POST Houston Project

Read the press release below or on National Trust Community Investment Corporation (NTCIC)’s website:  November 4, 2019 –  NTCIC is pleased to announce the successful closing on historic financing for the POST Houston revitalization in downtown Houston, Texas. NTCIC syndicated the federal Historic Tax Credits (HTCs) earned by the project which generated over…

Read the press release below or on National Trust Community Investment Corporation (NTCIC)’s website:  November 4, 2019 –  NTCIC is pleased to announce the successful closing on historic financing for the POST Houston revitalization in downtown Houston, Texas. NTCIC syndicated the federal Historic Tax Credits (HTCs) earned by the project which generated over…

Client Highlight: ALEON Properties Keeping Texas History Alive

PeopleFund client, Charmane H. Sellers, President and CEO of ALEON Properties, Inc., a 100% Veteran Woman owned local construction company with extensive experience in historic projects, is part of an illustrious team of organizations working on keeping American history alive in Bastrop County. In collaboration with American Youthworks and the Hopewell Rosenwald…

PeopleFund client, Charmane H. Sellers, President and CEO of ALEON Properties, Inc., a 100% Veteran Woman owned local construction company with extensive experience in historic projects, is part of an illustrious team of organizations working on keeping American history alive in Bastrop County. In collaboration with American Youthworks and the Hopewell Rosenwald…

Woodforest National Bank And PeopleFund Introduced Woodforest Foundry To Texas Veterans Aspiring To Open A Small Business

Read the feature below or click here:  THE WOODLANDS, Texas, Nov. 11, 2019 /PRNewswire/ — In honor of National Veterans Week, Woodforest National Bank® (Woodforest) recently teamed up with PeopleFund, a leading Community Development Financial Institution (CDFI) to introduce ENTREPRENEURSHIP 4 ALLSM, a part of the Woodforest FoundrySM in Austin, Dallas, Fort Worth and Houston, Texas to support veterans aspiring to become small…

Read the feature below or click here:  THE WOODLANDS, Texas, Nov. 11, 2019 /PRNewswire/ — In honor of National Veterans Week, Woodforest National Bank® (Woodforest) recently teamed up with PeopleFund, a leading Community Development Financial Institution (CDFI) to introduce ENTREPRENEURSHIP 4 ALLSM, a part of the Woodforest FoundrySM in Austin, Dallas, Fort Worth and Houston, Texas to support veterans aspiring to become small…

PeopleFund Welcomes Gustavo Lasala as President & CEO

Financial Services veteran to join nonprofit small business lender Austin, Texas – PeopleFund is pleased to announce Gustavo Lasala as the organization’s incoming President & Chief Executive Officer, joining the organization October 1st. Current leader Gary Lindner will transition to a Senior Advisor role, providing close counsel and strategic guidance. A seasoned…

Financial Services veteran to join nonprofit small business lender Austin, Texas – PeopleFund is pleased to announce Gustavo Lasala as the organization’s incoming President & Chief Executive Officer, joining the organization October 1st. Current leader Gary Lindner will transition to a Senior Advisor role, providing close counsel and strategic guidance. A seasoned…