Impacting Ohio

We're on a mission to make a difference. And since our founding in 1987, we've done just that.

• $104+ million invested in housing, economic development, childcare and Head Start projects leveraging over $834 million
• 2,521 awards to community-based organizations
• 15,632 units of affordable housing
• 9,329 full-time jobs
• 3,036 classrooms for 69,497 children
• 117,800 changed lives

Our Accomplishments, Outcomes, and Invested Dollars

• Through the Linked Deposit Fund, partnerships with various local banks have provided lower interest rates to clients leveraging over $307 million since 1989. $25 million has been invested in 133 projects creating 948 full-time jobs and 4,054 units of new or rehabilitated housing.
• The PreDevelopment Program has leveraged $65 million on an investment of $5.9 million for 465 projects, providing 7,378 housing units and creating 4,277 full-time jobs since 1992.
• Since 1997, the Economic Development Grant has leveraged $116.5 million on an investment of $4.6 million for 57 projects and created 2,409 full-time jobs.
• The PreDevelopment Section 8 Program has rehabilitated 3,472 low-income housing units and leveraged $793,511 on an investment of $371,385 for 19 projects since 1999.
• Launched in 2004, the New Markets Loan Program has leveraged $215.3 million on an investment of $48.5 million for 26 projects creating 1,284 full-time jobs and serving 536 children.
• Beginning in 2008, the Intermediary Relending Program has leveraged $6.4 million by lending $257,396 to 2 businesses that created or retained 131 full-time jobs.
• Beginning in 2008, the LandLOC Loan Program has leveraged $12 million on an investment of $1 million to 5 projects providing 304 housing units.
• Finance Fund Capital Corporation, the lending arm of Finance Fund, made its first loan in 2006 and has leveraged $19.4 million on an investment of $5.8 million to 14 borrowers, which created or retained 280 full-time jobs.
• Launched in 2009, the Cars for Jobs and Diplomas Program (By Car) provides a matching grant or a guarantee to low-income individuals to obtain or retain employment and/or education with the purchase of a vehicle. This program has leveraged $146,942 on an investment of $82,514 for 31 projects. 
• From 1994-2005, the Head Start Facilities Planning Grant leveraged $8.7 million from a $1 million investment into 114 projects producing 700 early care and education classrooms serving 11,902 children.
• The Child Care Capital Fund was created in 1996. This fund has leveraged more than $55 million on an investment of $8.1 million for 22 projects producing 160 early care and education classrooms providing quality childcare to 2,558 children.
• Since 1997, the Child Care and Child Care II Facilities Planning Grants have leveraged $23.6 million on an investment of $1.1 million for 78 projects producing 651 early care and education rooms serving 13,889 children.
• The Head Start Critical Repair and Safety Grant provided “one-time” emergency dollars for critical health and safety issues within Head Start classrooms. This program leveraged $268,184 on an investment of $187,909 for 30 projects from 2001-2002.
• From 2004-2006, the Ohio Quality Improvement Fund’s Family Child Care, Playground, and Step Up To Quality Grants have funded 1,525 projects from an investment of $1.9 million serving 40,612 children to improve the quality of their early care and education environments.