Category: Press Releases

Jul 62017
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PeopleFund Receives an AARP Foundation Grant

in Accomplishments & Awards,Press Releases,Small Business

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 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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Jun 202017
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PeopleFund & Opportunity Plus Announce EmpowHER- Financial Inclusion for Dallas Women

in Announcements,Press Releases

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…

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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…

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Apr 182017

Houston Innovation Week 2017 Agenda Announced

in Announcements,Events,Press Releases,Small Business,Small Business Resources

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…

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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…

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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…

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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…

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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…

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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…

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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…

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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…

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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…

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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…

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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….

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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….

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Nov 102016

Bank of America Recognizes PeopleFund as 2016 Neighborhood Builder

in Announcements,Events,In the News,Press Releases

Bloom Lab for Entrepreneurs and Small Business Loans from PeopleFund Expand with Bank of America Grant Support comes as part of Bank of America’s Neighborhood Builders® program, which empowers high performing nonprofits to address pressing community challenges AUSTIN, Texas – Bank of America has announced PeopleFund as a 2016 Neighborhood Builder. The…

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Bloom Lab for Entrepreneurs and Small Business Loans from PeopleFund Expand with Bank of America Grant Support comes as part of Bank of America’s Neighborhood Builders® program, which empowers high performing nonprofits to address pressing community challenges AUSTIN, Texas – Bank of America has announced PeopleFund as a 2016 Neighborhood Builder. The…

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Nov 32016

PeopleFund and MUFG Union Bank Announce Women’s Business Assistance Center

in Announcements,Events,In the News,Press Releases

New Facility Provides Technical Assistance to DFW Women Business Owners Dallas – On November 1st, PeopleFund and MUFG Union Bank, N.A., hosted a ribbon cutting ceremony to commemorate the opening of a Women’s Business Assistance Center to serve the greater Dallas Fort Worth community. PeopleFund, a nonprofit microlender and business education provider,…

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New Facility Provides Technical Assistance to DFW Women Business Owners Dallas – On November 1st, PeopleFund and MUFG Union Bank, N.A., hosted a ribbon cutting ceremony to commemorate the opening of a Women’s Business Assistance Center to serve the greater Dallas Fort Worth community. PeopleFund, a nonprofit microlender and business education provider,…

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