Community and Economic Development

We link entrepreneurs, individuals, and families to financial services, affordable housing and transportation to develop a more prosperous, sustainable and viable economy throughout Southwest Virginia.

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Changing Lives Through New Opportunities

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Community and
Economic Development Programs

Business Development and Loan Services

Offers financial assistance microenterprise loans, business training and technical services to help start or expand businesses, which in turn, creates jobs.

Consumer Loans

Loans with an affordable interest rate of Prime + 5% are offered to individuals for up to 36 months to provide assistance with many household expenses, car purchases and bill consolidation.

Individual Development Accounts (IDAs)

Individual Development Accounts facilitate a pattern of regular savings for modest income working families using matching funds. Clients build assets and long-term economic security.

New Market Tax Credit
The New Markets Tax Credit program attracts private investment to community development projects in low income communities by offering tax credits to investors in return for qualified equity investments. The investment funds are used by People Incorporated, a qualified Community Development Entity, to make loans to high impact businesses that create jobs and build opportunities and economic growth in low-income communities.
Ninth District Development Financing

This revolving loan fund assists businesses and nonprofits in the ninth congressional district, particularly with projects that enhance tourism and expand economic development.

Cars for Work

Low-income individuals who meet eligibility requirements have the opportunity to secure car loans. Mobility plays a vital role in securing and retaining employment.

Contact

six voices: How People incorporated changes lives