PeopleFund Blog

Press Releases

BIPOC Small Business Accelerator

PeopleFund proudly announces launching our Black, Indigenous, and People of Color (BIPOC) Small Business Accelerator. Our new signature initiative strategically aims to meet diverse community needs that have been compounded by the COVID-19 pandemic, which has disproportionately impacted small businesses and people of color. We are thrilled to launch our first cohorts…

PeopleFund proudly announces launching our Black, Indigenous, and People of Color (BIPOC) Small Business Accelerator. Our new signature initiative strategically aims to meet diverse community needs that have been compounded by the COVID-19 pandemic, which has disproportionately impacted small businesses and people of color. We are thrilled to launch our first cohorts…

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

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)…

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)…

PeopleFund Helps Over 130 Small Businesses Thanks to Grant from Truist

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…

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…

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

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…

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…

PeopleFund & City of Victoria Launch Small Business Relief Program

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….

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….

Regions Foundation Announces Grant for PeopleFund to Help Small Businesses Affected by COVID-19

By Kim Borges April 24, 2020 PeopleFund is providing valuable resources to businesses across the Lone Star State. BIRMINGHAM, Ala. – April 24, 2020  – The Regions Foundation, a nonprofit initiative of Regions Bank that supports community investments, on Friday announced a $100,000 grant for PeopleFund, a Community Development Financial Institution (CDFI)…

By Kim Borges April 24, 2020 PeopleFund is providing valuable resources to businesses across the Lone Star State. BIRMINGHAM, Ala. – April 24, 2020  – The Regions Foundation, a nonprofit initiative of Regions Bank that supports community investments, on Friday announced a $100,000 grant for PeopleFund, a Community Development Financial Institution (CDFI)…

City of Fort Worth and PeopleFund Launch New Microloan Program Supporting Local Businesses

The City of Fort Worth is teaming up with PeopleFund to launch the Business Resiliency Microloan Program, which is prepared to provide at least $850,000 to eligible businesses in Fort Worth who are being impacted by the COVID-19 crisis. These loans may be used to pay fixed debts, payroll or accounts payable,…

The City of Fort Worth is teaming up with PeopleFund to launch the Business Resiliency Microloan Program, which is prepared to provide at least $850,000 to eligible businesses in Fort Worth who are being impacted by the COVID-19 crisis. These loans may be used to pay fixed debts, payroll or accounts payable,…

PeopleFund & City of Eagle Pass Inject $200,000 Into Small Businesses

In partnership with PeopleFund, the City of Eagle Pass announces the release of the Downtown Revolving Loan Fund (DRFL). The DRFL will provide a low interest financing option to individuals looking to open a new business in the Central Business District, with a high emphasis on Main Street. The City has committed…

In partnership with PeopleFund, the City of Eagle Pass announces the release of the Downtown Revolving Loan Fund (DRFL). The DRFL will provide a low interest financing option to individuals looking to open a new business in the Central Business District, with a high emphasis on Main Street. The City has committed…

PeopleFund Provides New Market Tax Credit for POST Houston Project

Read the press release below or on National Trust Community Investment Corporation (NTCIC)’s website:  November 4, 2019 –  NTCIC is pleased to announce the successful closing on historic financing for the POST Houston revitalization in downtown Houston, Texas. NTCIC syndicated the federal Historic Tax Credits (HTCs) earned by the project which generated over…

Read the press release below or on National Trust Community Investment Corporation (NTCIC)’s website:  November 4, 2019 –  NTCIC is pleased to announce the successful closing on historic financing for the POST Houston revitalization in downtown Houston, Texas. NTCIC syndicated the federal Historic Tax Credits (HTCs) earned by the project which generated over…

Woodforest National Bank And PeopleFund Introduced Woodforest Foundry To Texas Veterans Aspiring To Open A Small Business

Read the feature below or click here:  THE WOODLANDS, Texas, Nov. 11, 2019 /PRNewswire/ — In honor of National Veterans Week, Woodforest National Bank® (Woodforest) recently teamed up with PeopleFund, a leading Community Development Financial Institution (CDFI) to introduce ENTREPRENEURSHIP 4 ALLSM, a part of the Woodforest FoundrySM in Austin, Dallas, Fort Worth and Houston, Texas to support veterans aspiring to become small…

Read the feature below or click here:  THE WOODLANDS, Texas, Nov. 11, 2019 /PRNewswire/ — In honor of National Veterans Week, Woodforest National Bank® (Woodforest) recently teamed up with PeopleFund, a leading Community Development Financial Institution (CDFI) to introduce ENTREPRENEURSHIP 4 ALLSM, a part of the Woodforest FoundrySM in Austin, Dallas, Fort Worth and Houston, Texas to support veterans aspiring to become small…