Category: Press Releases

PeopleFund Celebrates Grand Opening in Laredo

PeopleFund Celebrates Grand Opening in Laredo Nonprofit Small Business Lender opens doors to provide capital and education to South Texas entrepreneurs Laredo, Texas – On February 27th, PeopleFund held a Grand Opening celebration and ribbon cutting ceremony to mark their 8th location within the Mile One Incubator. In attendance were strategic partners,…

PeopleFund Celebrates Grand Opening in Laredo Nonprofit Small Business Lender opens doors to provide capital and education to South Texas entrepreneurs Laredo, Texas – On February 27th, PeopleFund held a Grand Opening celebration and ribbon cutting ceremony to mark their 8th location within the Mile One Incubator. In attendance were strategic partners,…

PeopleFund Awarded $30 million in New Markets Tax Credit Allocation

For Immediate Release                                                            February 13, 2018 Contact: Amber Kani | Director of Advancement & Education Phone: 512-222-1006 | [email protected] 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 February 13th, PeopleFund…

For Immediate Release                                                            February 13, 2018 Contact: Amber Kani | Director of Advancement & Education Phone: 512-222-1006 | [email protected] 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 February 13th, PeopleFund…

JPMorgan Chase Announces $4.2 Million Investment to Support Veteran Small Business Owners

Part of $75 million commitment to support women, minority and veteran-owned small businesses Veteran-owned businesses report a more confident outlook than non-veteran peers, according to new study WASHINGTON November 7, 2017 – JPMorgan Chase & Co. announced $4.2 million in investments to support veteran-owned small businesses. The multi-million dollar commitment benefits Community…

Part of $75 million commitment to support women, minority and veteran-owned small businesses Veteran-owned businesses report a more confident outlook than non-veteran peers, according to new study WASHINGTON November 7, 2017 – JPMorgan Chase & Co. announced $4.2 million in investments to support veteran-owned small businesses. The multi-million dollar commitment benefits Community…

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JPMorgan Chase Invests $1.5 Million to assist Houston-area small businesses hurt by Hurricane Harvey

  JPMorgan Chase Invests $1.5 Million to assist Houston-area small businesses hurt by Hurricane Harvey Investment brings total storm relief from the firm and its employees to $5.5 million October 5, 2017 (Houston, TX) – JPMorgan Chase & Co. is extending a significant investment to Houston-area small businesses impacted by Hurricane Harvey….

  JPMorgan Chase Invests $1.5 Million to assist Houston-area small businesses hurt by Hurricane Harvey Investment brings total storm relief from the firm and its employees to $5.5 million October 5, 2017 (Houston, TX) – JPMorgan Chase & Co. is extending a significant investment to Houston-area small businesses impacted by Hurricane Harvey….

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PeopleFund Receives an AARP Foundation Grant

PeopleFund is among 32 community-based organizations selected to receive funds to help older adults build the skills to work for themselves Austin – AARP Foundation has awarded a grant to PeopleFund to conduct Work for Yourself@50+℠ workshops in Austin, Houston, and Dallas. This national grant initiative is designed to help vulnerable older…

PeopleFund is among 32 community-based organizations selected to receive funds to help older adults build the skills to work for themselves Austin – AARP Foundation has awarded a grant to PeopleFund to conduct Work for Yourself@50+℠ workshops in Austin, Houston, and Dallas. This national grant initiative is designed to help vulnerable older…

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PeopleFund & Opportunity Plus Announce EmpowHER- Financial Inclusion for Dallas Women

Dallas, TX – On May 5th, 2017, Opportunity Plus announced a partnership called “EmpowHER: Financial Inclusion for Dallas Women” with PeopleFund, a nonprofit community development financial institution, and their Women’s Business Assistance Center. Opportunity Plus, a Dallas-based nonprofit organization, supports and funds financial inclusion programs that reduce vulnerability to financial disruption through…

Dallas, TX – On May 5th, 2017, Opportunity Plus announced a partnership called “EmpowHER: Financial Inclusion for Dallas Women” with PeopleFund, a nonprofit community development financial institution, and their Women’s Business Assistance Center. Opportunity Plus, a Dallas-based nonprofit organization, supports and funds financial inclusion programs that reduce vulnerability to financial disruption through…

Houston Innovation Week 2017 Agenda Announced

Community Lender Partners with Houston Office of Business Opportunity for Free Entrepreneurship Training Houston – In support of National Small Business Week, May 1st through 5th, PeopleFund and the City of Houston’s Office of Business Opportunity, along with several community partners, will host Innovation Week. The free event, to be held at…

Community Lender Partners with Houston Office of Business Opportunity for Free Entrepreneurship Training Houston – In support of National Small Business Week, May 1st through 5th, PeopleFund and the City of Houston’s Office of Business Opportunity, along with several community partners, will host Innovation Week. The free event, to be held at…

PeopleFund & RBFCU Announce Partnership

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…

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…

PeopleFund City of Dallas Loan Programs Director Announces Retirement

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…

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…

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

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…

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…