PeopleFund Blog

Apr 172017

PeopleFund & RBFCU Announce Partnership

in Announcements, Press Releases, Small Business

Texas-based credit union provides innovative investment in economic development nonprofit Austin– On March 29, Randolph-Brooks Federal Credit Union (RBFCU) announced a financial investment in PeopleFund, a nonprofit community development financial institution. The investment is a multi-year term loan with a low fixed interest rate. PeopleFund will use the investment for loans to…

CONTINUE READING

Texas-based credit union provides innovative investment in economic development nonprofit Austin– On March 29, Randolph-Brooks Federal Credit Union (RBFCU) announced a financial investment in PeopleFund, a nonprofit community development financial institution. The investment is a multi-year term loan with a low fixed interest rate. PeopleFund will use the investment for loans to…

CONTINUE READING
Apr 102017

PeopleFund City of Dallas Loan Programs Director Announces Retirement

in Announcements, Press Releases

Community Leader Departs Following a Long Career of Public Service and Economic Development Dallas – Effective April 7th, Charles McElrath, City of Dallas Loan Programs Director, announced his retirement from PeopleFund, a statewide nonprofit community lender. Prior to PeopleFund, McElrath served for more than a decade as the President and CEO of…

CONTINUE READING

Community Leader Departs Following a Long Career of Public Service and Economic Development Dallas – Effective April 7th, Charles McElrath, City of Dallas Loan Programs Director, announced his retirement from PeopleFund, a statewide nonprofit community lender. Prior to PeopleFund, McElrath served for more than a decade as the President and CEO of…

CONTINUE READING
Mar 92017

PeopleFund Client Feature: Karriem’s Catering

in Client Success

By John Macapagal PeopleFund Client Sultan Karriem’s mother used to say, “As soon as you can reach the stove you can start cooking”. He couldn’t be kept from sampling the meals being prepared by his mother and grandmother. His inquisitiveness and curiosity in the kitchen would eventually turn into a lifelong career….

CONTINUE READING

By John Macapagal PeopleFund Client Sultan Karriem’s mother used to say, “As soon as you can reach the stove you can start cooking”. He couldn’t be kept from sampling the meals being prepared by his mother and grandmother. His inquisitiveness and curiosity in the kitchen would eventually turn into a lifelong career….

CONTINUE READING
Mar 72017

BBVA Compass, Opportunity Finance Network Welcome First Class of Opportunity Fellows to Birmingham

in Accomplishments & Awards, Announcements, In the News, Non Profits, Press, Press Releases

25 professionals from diverse finance organizations participate in leadership program Fellows to explore ways to give underserved communities better access to capital BIRMINGHAM, AL, March 7, 2017— BBVA Compass and Opportunity Finance Network on Tuesday welcome their inaugural class of 25 Opportunity Fellows to Birmingham for a three-day training session where they’ll…

CONTINUE READING

25 professionals from diverse finance organizations participate in leadership program Fellows to explore ways to give underserved communities better access to capital BIRMINGHAM, AL, March 7, 2017— BBVA Compass and Opportunity Finance Network on Tuesday welcome their inaugural class of 25 Opportunity Fellows to Birmingham for a three-day training session where they’ll…

CONTINUE READING
Nov 282016

Bank of America Supports Austin Community For Giving Tuesday

in Accomplishments & Awards, Announcements, Client Success, Press Releases, Small Business

Bank of America Invests $978,000 in Austin Organizations Supporting Workforce Development, Community Initiatives and Basic Needs Grants help individuals, families and businesses access food, emergency shelter, critical job training and education support and locate affordable housing AUSTIN, Texas – This #GivingTuesday, a global day of helping those in need, Bank of America…

CONTINUE READING

Bank of America Invests $978,000 in Austin Organizations Supporting Workforce Development, Community Initiatives and Basic Needs Grants help individuals, families and businesses access food, emergency shelter, critical job training and education support and locate affordable housing AUSTIN, Texas – This #GivingTuesday, a global day of helping those in need, Bank of America…

CONTINUE READING
Nov 282016

Holiday Gift Guide

in Announcements, Client Success

By Noelle Darilek Check out these holiday gift ideas featuring various PeopleFund clients from each of our markets! Austin Looking for that perfect holiday gift to give? Shower family and friends with sweets and treats from some of our favorite clients! Lonestar Delights: A tin of this delicious hand-popped kettle corn is the…

CONTINUE READING

By Noelle Darilek Check out these holiday gift ideas featuring various PeopleFund clients from each of our markets! Austin Looking for that perfect holiday gift to give? Shower family and friends with sweets and treats from some of our favorite clients! Lonestar Delights: A tin of this delicious hand-popped kettle corn is the…

CONTINUE READING
Nov 282016

PeopleFund Supports Local Food Pantry

in In the News

By Noelle Darilek This holiday season, the PeopleFund staff has helped donate to the Bastrop Food Pantry. The donation drive was organized by PeopleFund’s Lending Support Officer Preston Anderson, who encouraged the staff at PeopleFund to donate food. Overall 84 pounds of food, which will serve a total of 67 meals, was…

CONTINUE READING

By Noelle Darilek This holiday season, the PeopleFund staff has helped donate to the Bastrop Food Pantry. The donation drive was organized by PeopleFund’s Lending Support Officer Preston Anderson, who encouraged the staff at PeopleFund to donate food. Overall 84 pounds of food, which will serve a total of 67 meals, was…

CONTINUE READING
Nov 282016

PeopleFund CEO Receives AAYHF Award

in Accomplishments & Awards

By Noelle Darilek PeopleFund CEO Gary Lindner was presented with an award from the African American Youth Harvest Foundation (AAYHF) for his commitment to the African American community. He attended the foundation’s Changing the Story Gala, held on November 5th, where it honored those who have helped its cause and also celebrated 10 years…

CONTINUE READING

By Noelle Darilek PeopleFund CEO Gary Lindner was presented with an award from the African American Youth Harvest Foundation (AAYHF) for his commitment to the African American community. He attended the foundation’s Changing the Story Gala, held on November 5th, where it honored those who have helped its cause and also celebrated 10 years…

CONTINUE READING
Nov 182016

PeopleFund Receives New Markets Tax Credit Allocation

in Press Releases

PeopleFund Awarded $30 million in New Markets Tax Credit Allocation U.S. Treasury Program aims to stimulate employment, growth, and revitalization in low income communities Austin, Texas – On November 17th, PeopleFund was awarded a $30 million New Market Tax Credit (NMTC) allocation to support community development in low income areas throughout Texas….

CONTINUE READING

PeopleFund Awarded $30 million in New Markets Tax Credit Allocation U.S. Treasury Program aims to stimulate employment, growth, and revitalization in low income communities Austin, Texas – On November 17th, PeopleFund was awarded a $30 million New Market Tax Credit (NMTC) allocation to support community development in low income areas throughout Texas….

CONTINUE READING
Nov 182016

Intern Farewell – Noelle Darilek

in Announcements

By Noelle Darilek When I first began interning at PeopleFund this fall, one of the first things I noticed was how friendly and welcoming everyone was. I was excited to start my internship here and can’t believe how quickly it went by! Interning at PeopleFund means several things. I worked as the…

CONTINUE READING

By Noelle Darilek When I first began interning at PeopleFund this fall, one of the first things I noticed was how friendly and welcoming everyone was. I was excited to start my internship here and can’t believe how quickly it went by! Interning at PeopleFund means several things. I worked as the…

CONTINUE READING