People Incorporated links entrepreneurs, individuals, and families to financial services, affordable housing and transportation to develop a more prosperous, sustainable and viable economy throughout Virginia.
Business Development and Loan Services
People Incorporated offers financial assistance microenterprise loans, business training and technical services to help start or expand businesses, which in turn, creates jobs.
Business Loan Application (PDF)
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.
Consumer Loan Application (PDF)
Individual Development Accounts (IDAs)
IDAs facilitate a pattern of regular savings for modest income working families using matching funds. Clients build assets and long-term economic security.
The New Markets Tax Credits program attracts private investment to community development projects in low-income communities by offering tax credits to investors in return for qualified equity investments. People Incorporated, a qualified Community Development Entity, uses the investment funds 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. If you would like more information, you can visit www.nddf.org.