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City of Austin city Awards Financial Services Contract to PEOPLEFUND (September 2026)

City of Austin city logoCity of Austin city
Disclosed value
Not to exceed $1,500,000
From minutes
Approved
Sep 24, 2026
Renews
Free account

The 30-second brief

What it covers

Austin City Council authorized a contract with Peoplefund for a small business interest loan buydown pilot program. The one-year contract is valued at up to $1.5 million and includes two one-year extension options.

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 24, 2026
Term
1 year with up to two 1-year extension options
Renews
On record
Vendor
PEOPLEFUND
Agency
City of Austin city
Source document
Austin City Council Minutes 2026-09-24 (Minutes)

PEOPLEFUND's other public contracts

City of Austin city, TexasAustin Plans $1.5 Million Peoplefund Loan Pilot · Sep 14, 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 24, 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 minutes record, structured as a not-to-exceed (ceiling) agreement.

Where was this contract approved?

This contract appears in Austin City Council Minutes 2026-09-24 (Minutes), dated September 24, 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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