$25.7 MM in 11,952 loans disbursed in the Austin area
Austin Community Foundation has $2.7 million in investment assets to support local projects that help close the opportunity gap in Central Texas.
Review the latest impact data from our FundATX investments below.
$250,000 investment in microloans and job training for entrepreneurial women to
build small businesses in Central Texas.
4,195 jobs created (or maintained)
3,731 women served
99.75% repayment rate
$100,000 investment in access to capital, education & resources to under-capitalized populations
to develop small businesses.
$4.9 MM in 102 loans in Central Texas
(5-county region)
82% of loans to women-owned businesses; 14% to veteran-owned businesses
1,162 individuals served (41% white, 33% Hispanic, 16% African American)
874 hours of business training provided
$200,000 investment in increasing access to affordable consumer financial products as
an alternative to predatory lending
$1.3 MM in 1,380 loans in Central Texas
$963 average loan size
692 participants in financial education classes
92% reduction in interest and fees compared to payday loans
$400,000 line of credit for the social impact private equity fund to preserve affordable multi-family
rental housing for Austin’s workforce.
792 housing units preserved
1,170 tenants served
Increased tenant renewal rate by over 10%
Serves individuals earning between 60-120% median family income ($34,200 – $68,400)
$250,000 investment for the construction of an accessible, affordable apartment complex for
people with and without disabilities.
27 apartment units under construction
Serves individuals and families at or below 50% of the median family income
11 partners invested and/or granted (banks, nonprofits and local, state and federal institutions)
Projected completion expected in 2020