Austin Community Foundation
 

FundATX 2018 Impact Report

Austin Community Foundation has invested $1 million to support local projects that help close the opportunity gap and make Central Texas a more vibrant place to live and work for everyone.

 
 
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Grameen America is dedicated to helping women who live in poverty build small businesses. They offer microloans, training and support to transform communities and fight poverty in the United States. 

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$18.4MM in 9,372 loans dispersed in the Austin area  

3,650 jobs created or maintained in Austin 

 
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3,217 women entrepreneurs served in Austin 

99% repayment rate


The Community Loan Center of Austin provides affordable consumer financial products as an alternative to predatory lending. 

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Average cost of consumer loan is 300% less than a payday or car title loan 


98% repayment rate 

 
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59% Latino, 26% African American, 60% female, 61% low to very low income individuals 


PeopleFund creates economic opportunity and financial stability for underserved people by providing access to capital, education and resources to build healthy small businesses. 

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$6.5 MM loans outstanding in Central Texas that

6,701 hours of training provided to small business owners in Austin 

 
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62% of loans go to start ups and 4% to nonprofit organizations in Austin area 

560 jobs were created in the Austin area 


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The Texas State Affordable Housing Corporation provides programs that help developers build more affordable housing, help low and moderate-income households purchase a home, and help households facing financial hardship stay in their homes.

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27 apartment units for persons with disabilities

 
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Serving households at or below 50% MFI (median family income)

 
 

FundATX Supports

  • Financial Resilience

  • Affordable Housing

  • Fair Financial Products

  • Entrepreneurship

  • Local Small Business Growth

  • Underserved Populations