Category: Announcements

Dec 12022

PeopleFund receives historic grant from Truist Foundation

in Announcements,Press Releases

PeopleFund receives historic grant from Truist Foundation   Houston, Dec. 8, 2022 ─ Truist Foundation announced a $3.5 million grant to PeopleFund, a Texas-based Community Development Financial Institution (CDFI) and nonprofit 501(c)(3) that strives to create economic opportunity and financial stability for underserved people by providing access to capital, education and other resources…

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PeopleFund receives historic grant from Truist Foundation   Houston, Dec. 8, 2022 ─ Truist Foundation announced a $3.5 million grant to PeopleFund, a Texas-based Community Development Financial Institution (CDFI) and nonprofit 501(c)(3) that strives to create economic opportunity and financial stability for underserved people by providing access to capital, education and other resources…

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Mar 102022

BIPOC Small Business Accelerator Announcement: Houston and Fort Worth

in Announcements,In the News,Press Releases,Small Business

PeopleFund is proud to announce that we deployed over $1.5M in loans and $120,000 in grants to 28 small businesses in Austin and Dallas during our inaugural cohorts. Applications open today for BIPOC Small Business Accelerator’s second set of cohorts in Fort Worth and Houston. This program will continue to provide small business owners with…

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PeopleFund is proud to announce that we deployed over $1.5M in loans and $120,000 in grants to 28 small businesses in Austin and Dallas during our inaugural cohorts. Applications open today for BIPOC Small Business Accelerator’s second set of cohorts in Fort Worth and Houston. This program will continue to provide small business owners with…

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Jan 272022

The Veteran Collaborative Announces the Creation of the Veteran Loan Fund

in Announcements,In the News,Press,Press Releases,Small Business

PeopleFund is honored to be one of twelve Community Development Financial Institutions announcing the creation of the Veteran Loan Fund, with Bank of America as the lead capital investor. The Veteran Loan Fund aims to fill the financial and training gap that underserved military veterans face when building a small business. This…

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PeopleFund is honored to be one of twelve Community Development Financial Institutions announcing the creation of the Veteran Loan Fund, with Bank of America as the lead capital investor. The Veteran Loan Fund aims to fill the financial and training gap that underserved military veterans face when building a small business. This…

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Jan 132022

PeopleFund Chosen To Join Starbucks Community Resilience Fund

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

PeopleFund is excited to announce that we have been selected to receive funding as part of Starbucks Community Resilience Fund.  The funding awarded to PeopleFund will support small business growth projects in Black, Indigenous, and People of Color (BIPOC) communities.  Starbucks has given PeopleFund access to a $3 million, 10-year credit to…

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PeopleFund is excited to announce that we have been selected to receive funding as part of Starbucks Community Resilience Fund.  The funding awarded to PeopleFund will support small business growth projects in Black, Indigenous, and People of Color (BIPOC) communities.  Starbucks has given PeopleFund access to a $3 million, 10-year credit to…

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Dec 212021

PeopleFund receives Financial Assistance Award from U.S. Department of Treasury

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

PeopleFund is thrilled to announce that it has been selected as a 2021 CDFI Financial Assistance awardee by the U.S. Department of the Treasury’s Community Development Financial Institutions Fund (CDFI). This generous $676,000 award will allow the organization to further expand its lending and education services in underserved communities across Texas. Over…

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PeopleFund is thrilled to announce that it has been selected as a 2021 CDFI Financial Assistance awardee by the U.S. Department of the Treasury’s Community Development Financial Institutions Fund (CDFI). This generous $676,000 award will allow the organization to further expand its lending and education services in underserved communities across Texas. Over…

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Nov 192021

PeopleFund Expanding to East Texas with Grant from T.L.L. Temple Foundation

in Announcements,In the News,Press Releases

PeopleFund, one of two CDFIs, was selected to receive a generous grant from T.L.L. Temple Foundation to expand its services and resources to East Texas. PeopleFund is actively committed to empowering economically underserved and rural populations across Texas. Having recently received an award from the U.S. Economic Development Administration to provide loans…

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PeopleFund, one of two CDFIs, was selected to receive a generous grant from T.L.L. Temple Foundation to expand its services and resources to East Texas. PeopleFund is actively committed to empowering economically underserved and rural populations across Texas. Having recently received an award from the U.S. Economic Development Administration to provide loans…

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Mar 32021

National and Local Community Lenders Announce Multi-Million Dollar Fund to Support Small Business and Nonprofit Recovery Across the South

in Announcements,Press Releases,Small Business Resources

The Southern Opportunity and Resilience (SOAR) Fund aims to support the recovery of small businesses and nonprofits with access to flexible, affordable capital and free business support services across 15 southern states  March 3, 2021 – A diverse group of community finance organizations, including PeopleFund, announced the Southern Opportunity and Resilience (SOAR)…

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The Southern Opportunity and Resilience (SOAR) Fund aims to support the recovery of small businesses and nonprofits with access to flexible, affordable capital and free business support services across 15 southern states  March 3, 2021 – A diverse group of community finance organizations, including PeopleFund, announced the Southern Opportunity and Resilience (SOAR)…

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Oct 262020

PeopleFund Helps Over 130 Small Businesses Thanks to Grant from Truist

in Accomplishments & Awards,Announcements,Press Releases

For immediate release on October 26, 2020. PeopleFund, with a generous grant from Truist Financial Corporation, provided grants to businesses with less than 10 employees. Participants who received grants had credit or cash flow problems that prevented them from getting financial assistance through other avenues. The grant is part of the financial…

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For immediate release on October 26, 2020. PeopleFund, with a generous grant from Truist Financial Corporation, provided grants to businesses with less than 10 employees. Participants who received grants had credit or cash flow problems that prevented them from getting financial assistance through other avenues. The grant is part of the financial…

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Jun 172020

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

in Accomplishments & Awards,Announcements,Press Releases

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…

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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…

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May 182020

PeopleFund & City of Victoria Launch Small Business Relief Program

in Announcements,Press Releases,Programs,Small Business Resources

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….

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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….

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