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Austin Plans $1.5 Million Peoplefund Loan Pilot

City of Austin city logoCity of Austin city
Disclosed value
Not to exceed $1,500,000
From agenda
Document date
Sep 14, 2026
Renews
Free account

The 30-second brief

What it covers

Austin plans to contract with Peoplefund for a small business interest loan buydown pilot program. The one-year contract with two extension options would not exceed $1.5 million.

Who holds it

PEOPLEFUND holds this financial services contract with City of Austin city. Its other public contracts on record include work for Harlingen-San Benito MPO and Travis County.

What happens next

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Contract details

Contract type
Financial Services
Amount
Not to exceed $1,500,000
Document date
September 14, 2026
Term
One year with up to two one-year extension options
Renews
On record
Vendor
PEOPLEFUND
Agency
City of Austin city
Source document
City of Austin Agenda 2026-09-24 (Agenda)

PEOPLEFUND's other public contracts

City of Austin city, TexasAustin Approves $1.5 Million Peoplefund Loan Program · Sep 24, 2026City of Austin city, TexasAustin Plans $1.5 Million Peoplefund Loan Pilot · Sep 14, 2026Harlingen-San Benito MPO, TexasHEDC to review grant agreement changes with PeopleFund · Jun 30, 2026UndisclosedAll PEOPLEFUND contractsVendor profile

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Questions about this contract

Who was awarded the financial services contract by City of Austin city?

PEOPLEFUND was awarded this financial services contract by City of Austin city, as recorded on September 14, 2026. The contract value is Not to exceed $1,500,000.

How much is the PEOPLEFUND contract with City of Austin city worth?

The PEOPLEFUND contract with City of Austin city is valued at Not to exceed $1,500,000, covering financial services work.

What type of contract is this?

This is a Financial Services contract, documented as a agenda record, structured as a not-to-exceed (ceiling) agreement.

Where was this contract approved?

This contract appears in City of Austin Agenda 2026-09-24 (Agenda), dated September 14, 2026 from City of Austin city. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

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What other contracts does PEOPLEFUND hold?

PEOPLEFUND may hold additional government contracts. View their full contract history, the agencies they serve, and total tracked spend on their Civic IQ vendor profile.

What is City of Austin city currently buying?

Explore City of Austin city's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

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