East Austin's PeopleFund wins $1 million federal grant
Around Texas

October, 2009

PeopleFund, an East Austin nonprofit organization that focuses on fostering economic opportunities, said Friday it has been awarded a $1 million federal grant.

Executive director Margo Weisz said the money would be used to expand PeopleFund's programs, include providing loans and mentoring to small businesses, most of them minority-owned, as well as lending to affordable-housing and community education initiatives.

To read more of the Austin American Statesman go to http://www.statesman.com/business/content/business/stories/other/2009/10/03/1003peoplefund.html