PeopleFund Blog

Press Releases

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…

Bank of America Supports Austin Community For Giving Tuesday

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…

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…

PeopleFund Receives New Markets Tax Credit Allocation

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….

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….

Bank of America Recognizes PeopleFund as 2016 Neighborhood Builder

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…

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…

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

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,…

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,…

PeopleFund Client Liza Beth Jewelry Honors Loan Officer’s Memory with Custom Jewelry Donation

Fine jewelry designer and PeopleFund client Liza Beth Soklove was saddened when she learned that PeopleFund’s beloved Austin loan officer Beatriz Pappas passed away over Memorial Day weekend. Beatriz had given Liza the capital and confidence she needed to take on the challenge of turning her artistry into a thriving business, and…

Fine jewelry designer and PeopleFund client Liza Beth Soklove was saddened when she learned that PeopleFund’s beloved Austin loan officer Beatriz Pappas passed away over Memorial Day weekend. Beatriz had given Liza the capital and confidence she needed to take on the challenge of turning her artistry into a thriving business, and…

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

  For Immediate Release                                                               October 5, 2016 Contact: Amber Cooney | Director of Communications & Development Phone: 512-222-1006 | [email protected]   PeopleFund and  MUFG Union Bank Announce Women’s Business Assistance Center New Facility Provides Technical Assistance to DFW Women Business Owners Dallas – On November 1st, PeopleFund and MUFG Union…

  For Immediate Release                                                               October 5, 2016 Contact: Amber Cooney | Director of Communications & Development Phone: 512-222-1006 | [email protected]   PeopleFund and  MUFG Union Bank Announce Women’s Business Assistance Center New Facility Provides Technical Assistance to DFW Women Business Owners Dallas – On November 1st, PeopleFund and MUFG Union…