PeopleFund Blog

Sep 272024
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PeopleFund Receives $12 Million Gift from MacKenzie Scott

in Press Releases, Small Business

Austin-Based CDFI Celebrates 30th Anniversary and $1 Billion in Direct Economic Impact with Record Fundraiser and Historic Donation   Austin, TX — September 27, 2024 — PeopleFund, a Texas-based Community Development Financial Institution (CDFI), proudly announced a $12 million gift from philanthropist MacKenzie Scott through her Yield Giving initiative. The generous donation…

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Austin-Based CDFI Celebrates 30th Anniversary and $1 Billion in Direct Economic Impact with Record Fundraiser and Historic Donation   Austin, TX — September 27, 2024 — PeopleFund, a Texas-based Community Development Financial Institution (CDFI), proudly announced a $12 million gift from philanthropist MacKenzie Scott through her Yield Giving initiative. The generous donation…

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Sep 252024

PeopleFund Celebrates 30 Years of Economic Impact in Texas

in Small Business

Austin, TX – September 25, 2024 – PeopleFund, an Austin-based Community Development Financial Institution (CDFI), is proud to celebrate 30 years of creating economic opportunities for small businesses across Texas. Since its inception, PeopleFund has delivered more than $235 million in loans to over 5,600 businesses and helped create or retain more…

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Austin, TX – September 25, 2024 – PeopleFund, an Austin-based Community Development Financial Institution (CDFI), is proud to celebrate 30 years of creating economic opportunities for small businesses across Texas. Since its inception, PeopleFund has delivered more than $235 million in loans to over 5,600 businesses and helped create or retain more…

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Sep 242024
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PeopleFund Partners with Harris County to Launch Historic Loan Fund

in Press Releases

Groundbreaking $17 million fund for Small Businesses   Houston, TX – September 24, 2024 – PeopleFund is proud to announce its partnership with Harris County to establish and manage the Harris County Opportunity Fund, a revolving loan program designed to support small businesses. This initiative increases the access to capital for minority…

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Groundbreaking $17 million fund for Small Businesses   Houston, TX – September 24, 2024 – PeopleFund is proud to announce its partnership with Harris County to establish and manage the Harris County Opportunity Fund, a revolving loan program designed to support small businesses. This initiative increases the access to capital for minority…

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Aug 132024

Client Feature: Cactus Valley Art & Supply Company

in Small Business

Nestled in the heart of the historic Downtown District of Harlingen, Cactus Valley Art & Supply Company stands as a warm and welcoming space where creativity can flourish. As a small, independently owned art supply store, their mission goes beyond just selling materials; they aim to make art accessible to everyone in…

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Nestled in the heart of the historic Downtown District of Harlingen, Cactus Valley Art & Supply Company stands as a warm and welcoming space where creativity can flourish. As a small, independently owned art supply store, their mission goes beyond just selling materials; they aim to make art accessible to everyone in…

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May 272024

Client Feature: Alamo Assistive Technology

in Client Success, Small Business

Alamo Assistive Technology’s mission is to empower individuals facing permanent or temporary communication disabilities by providing innovative assistive communication devices. They believe that every voice, every expression, and every connection matters. Communication is not just a tool but a fundamental human right. Alamo Assistive Technology’s heartfelt commitment is to bridge the gap…

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Alamo Assistive Technology’s mission is to empower individuals facing permanent or temporary communication disabilities by providing innovative assistive communication devices. They believe that every voice, every expression, and every connection matters. Communication is not just a tool but a fundamental human right. Alamo Assistive Technology’s heartfelt commitment is to bridge the gap…

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Feb 272024
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PeopleFund Named a Bank of America 2023 Neighborhood Builder® in Austin

in Press Releases, Small Business

The Nonprofit Will Receive $200,000 in Flexible Funding and Leadership Training to Advance Economic Mobility   AUSTIN – Today, Bank of America named PeopleFund as one of its 2023 Neighborhood Builders® award winners for their work to support entrepreneurs in Austin and throughout Texas. Through this multi-year grant funding and extensive leadership…

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The Nonprofit Will Receive $200,000 in Flexible Funding and Leadership Training to Advance Economic Mobility   AUSTIN – Today, Bank of America named PeopleFund as one of its 2023 Neighborhood Builders® award winners for their work to support entrepreneurs in Austin and throughout Texas. Through this multi-year grant funding and extensive leadership…

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Nov 282023
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Giving Tuesday Client Spotlight: Monocle Eyewear

in Small Business

Monocle Eyewear is a locally-owned eyewear store in downtown El Paso that offers exceptional customer service and premium quality eyewear at affordable prices. Their mission is to inspire self-expression and individuality through affordable eyewear. They believe everyone deserves to feel confident and fashionable in their eyeglasses, regardless of budget. Whether it’s through bold…

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Monocle Eyewear is a locally-owned eyewear store in downtown El Paso that offers exceptional customer service and premium quality eyewear at affordable prices. Their mission is to inspire self-expression and individuality through affordable eyewear. They believe everyone deserves to feel confident and fashionable in their eyeglasses, regardless of budget. Whether it’s through bold…

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Nov 132023

Giving Tuesday Client Spotlight: Wild Desert Beauty

in Small Business

Discover the essence of conscious beauty at Wild Desert Beauty, an eco-friendly salon dedicated to providing exceptional hair services and promoting a clean, non-toxic approach. Committed to the well-being of both people and the planet, the salon actively minimizes their environmental footprint through recycling, reduced waste, and the intentional use of environmentally friendly…

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Discover the essence of conscious beauty at Wild Desert Beauty, an eco-friendly salon dedicated to providing exceptional hair services and promoting a clean, non-toxic approach. Committed to the well-being of both people and the planet, the salon actively minimizes their environmental footprint through recycling, reduced waste, and the intentional use of environmentally friendly…

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Nov 82023

Giving Tuesday Client Spotlight: Ardent Tech I.T. Solutions

in Small Business, Veterans

Nestled in the community of Spring, TX, Ardent Tech I.T. Solutions stands out as a beacon of innovative technological solutions. Committed to exceeding client expectations, Ardent Tech builds robust IT infrastructure solutions. Jerome Smith is at the helm of Ardent Tech and has over a decade of experience in I.T. and tech repair. His…

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Nestled in the community of Spring, TX, Ardent Tech I.T. Solutions stands out as a beacon of innovative technological solutions. Committed to exceeding client expectations, Ardent Tech builds robust IT infrastructure solutions. Jerome Smith is at the helm of Ardent Tech and has over a decade of experience in I.T. and tech repair. His…

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Nov 82023

Bank of America doubles support for Veteran Loan Fund to Aid Growth of Veteran-Led Small Businesses

in Press, Press Releases

Pioneering Fund to Grow to $100 million for Former Military Personnel   AUSTIN, TX – PeopleFund is honored to be one of twelve Community Development Financial Institutions (CDFIs) announcing the expansion of the Veteran Loan Fund, with Bank of America as the lead capital investor. Bank of America is seeding a second…

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Pioneering Fund to Grow to $100 million for Former Military Personnel   AUSTIN, TX – PeopleFund is honored to be one of twelve Community Development Financial Institutions (CDFIs) announcing the expansion of the Veteran Loan Fund, with Bank of America as the lead capital investor. Bank of America is seeding a second…

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