TX18 Stories and Data

TX18 Stories

Covenant Community Capital’s Work Making Homeownership Attainable for Working Class Buyers
Dr. Sonya Ashley
Tom and Karen Cybull
Margo Jordan

TX18 Fact Sheet

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

Since its inception in 1994, PeopleFund – a CDFI and SBA Lender – has deployed more than $1.2 Billion in financial assistance in areas that needed jobs and revitalization in Texas. Almost 60% of this growth took place in the last 5 years. We are also the managing member of the Veteran Loan Fund, a collaborative effort of a growing number of CDFIs across the country supporting Veterans and Veteran spouses start and grow their businesses.

-Gustavo Lasala, PeopleFund, Austin, 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 TX18 CDFI Branches and Stories