About us

Since 1995, Peoplefund has viewed low-income communities as places of capacity and potential. We strive to promote lasting economic vitality for low-income people by implementing strategies that create jobs, provide safe and affordable homes, and promote good economic policy decisions for communities.

With a 13 year track record, PeopleFund has advanced our Mission through high impact financing strategies that achieve social and economic opportunity. We have made over 265 loans totaling almost $16 million to small businesses, schools, healthcare providers, and to develop affordable homes.

PeopleFund is founded on the belief that tapping human potential through investments, tarining and leadership will open the doors of prosperity for all members of our community. This requires PeopleFund to maintain an active relationship with the market environment through investments, business support services and public education.

PeopleFund is a federally certified Community Development Financial Institution (CDFI).

PeopleFund’s current programs include:

Loan Fund
The Loan Fund is PeopleFund’s primary program. In 2008, PeopleFund will invest $2.6 million in loans to approximately 34 community ventures and facilitate $3.6 million in total investment (i.e., PeopleFund loans and partnership loans) in PeopleFund’s under-served focus areas. Approximately 70% of these loans will be made to minority-owned businesses.

Entrepreneur Development Program
PeopleFund offers business management consulting in marketing, finance and other areas to help clients create strong, sustainable ventures. In 2008, PeopleFund plans to offer at least 1,600 hours of financial education through innovative programs including: one-on-one mentoring, advisory board programs, workshops, and partnerships with University MBA programs.

Community Housing Trust
As the Austin region grows, one of the central challenges is ensuring that all people have a safe and stable place to live. Expanding opportunities for homeownership and quality housing is an integral component to promoting an equitable and prosperous region over the long term. PeopleFund is working hard through our Community Land Trust, PeopleTrust, to address our region’s need for homes.

Community Education and Research
PeopleFund believes that discussion and knowledge are critical to a rich civic life. Through our Community Education programs we bring together leaders, business owners and residents to engage in discussions around building a region that is rich in both opportunity and spirit. In 2008, PeopleFund will host several public forums to build knowledge and stimulate conversation. PeopleFund will also continue to facilitate the Focus East.