PeopleFund NMTC LLC Stories and Data

PeopleFund NMTC LLC Stories

Native CDFIs Fuel Small Business Success Across Indian Country
Business Growth and Expansion
CDFI Program Financial Assistance Success Stories: LiftFund
Helped Guillermo Vasquez launch a stable business in Brownsville, TX, enabling him to send his daughter to college.
Rivertree Academy
The construction of a new elementary school in Lake Como neighborhood of Fort Worth, Texas, allowing the sponsor to double its current capacity and increase enrollment from 100 to 270 students each year.
Affordable Homes of South Texas, Inc.
With an $8M NMTC allocation, Affordable Homes of South Texas, Inc. (AHSTI) will construct approximately 50 new single-family homes in 5 different subdivisions in Hidalgo County.

PeopleFund NMTC LLC Fact Sheet

CDFIs, as mission-driven financial institutions are at the forefront in providing access to capital to underserved borrowers.

-Marsha Diane Krassner, MDK Consulting Group, San Antonio, TX

Since 2011 the RGVMB CDFI has assisted over 140,000 borrowers across the Nation with access to needed capital. This work can only be done with help from the CDFI Fund.

-Nick Mitchell, Rio Grande Valley Multibank CDFI, Brownsville, TX

CDFIs stimulate the economy and is a vital segment of economic development and contributes directly to the GDP.

-Gene Bargas, Neighborhood Housing Services of San Antonio, INC, San Antonio, TX

Map of PeopleFund NMTC LLC CDFI Branches and Stories