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Awards & Accomplishments

PeopleFund has established itself as an important source of capital and consulting for small business, social service and affordable housing ventures located in our region’s low-income neighborhoods. Loan volume has increased steadily every year since inception and there is every sign that this growth will continue. By working to achieve both tangible community impact and sound business practices, PeopleFund has seen remarkable success in its twelve years of operation:

• We have made 290 investments in 187 businesses or community ventures.
• We have invested over $17 million and leveraged over $10 million in bank partnership financing for a total investment in the community of over $27 million.
• We have helped our clients create over 1,700 jobs for low-income residents and approximately 900 childcare slots.
• With our help, over $9.8 million has been invested in real-estate and building improvements in low-income neighborhoods.
• Helped PeopleFund clients build 97 affordable homes
• Our investments have fostered the creation of necessary goods and services for low-income people (childcare, transitional housing, accounting services).
• Our clients reflect the demographics of the communities we serve with 75% of our loans going to minority owned businesses.

Awards and Recognition

• 2004 National Wachovia Excellence Award from National Community Capital in recognition of our leadership on economic issues facing low-income people.
• 2004 Ernst and Young Entrepreneur of the Year awarded to PeopleFund Executive Director, Margo Weisz.
• CARS Analysis rating of AAA2+. CARS or CDFI Assessment and Rating System is a comprehensive, third-party analysis of community development financial institutions. The AAA2+ rating reflects the highest possible marks for community impact and a very strong sore on financial soundness.
• 5 CDFI Awards from the U.S. Department of the Treasury.
• Austinite of the Year 2003 awarded to PeopleFund Executive Director, Margo Weisz.
• 2006 Austin Business Journal Profiles in Power Winner awarded to PeopleFund Executive Director, Margo Weisz