For more than 20 years, Finance Fund has provided millions of dollars for the revitalization of distressed communities and neighborhoods across the state of Ohio.
What began as a Task Force study project in the1980s has since become a go-to funding resource for public- and private-sector organizations who provide affordable housing, business development, and child care and community facilities.
The Task Force was formed in 1985 when the Ohio Department of Development and the Ohio CDC (Community Development Corporations) Association brought together a host of community-based organizations to share expertise and advocate on behalf of underserved communities.
The Task Force was charged with recommending a means for meeting the future financing needs of community-based development projects; thus the 501(c)(3) nonprofit called the Ohio Community Development Finance Fund (or Finance Fund) was born.
Our mission remains constant: to help community-based organizations gain access to low-cost debt financing, enhance local resources and obtain technical assistance.