Archive for October, 2009

$50 Million to Finance Fund : New Markets Tax Credits Announced Today

This is a pretty important day in the history of Finance Fund. We learned this morning that we have been awarded $50 million in New Markets Tax Credits from the CDFI Fund in the U.S. Department of Treasury. The funding will be used to offer low-interest financing for projects that revitalize both urban and rural low-income [...]

DC Visits

Last week we were in Washington D.C. to attend several meetings and to rally support for two bills currently in the House and Senate.
HR 2628 is a 5-year extension of the New Market Tax Credit program. Last year, through our efforts, we were able to get 11 out of 18 representatives and both senators to [...]

Vacant Properties, Where Do We Go Now?

Driving through many neighborhoods across the state of Ohio is more like driving through ghost towns. Vacant, abandoned properties litter the once-thriving communities, reminding passers-by of the crisis facing us all and the disparity of resource allocation in our country. As the Wall Street Journal recently reported, more than 1.5 million properties received a foreclosure [...]

“Staying Focused”

This article appeared in the October 2009 edition of Smart Business News.
James R. Klein is a firm believer that every CEO needs a “Radar O’Reilly,” just like the one Col. Potter had on the old TV series, “M*A*S*H.” Radar was always there to deflect some of the less important obligations to allow his boss to [...]

The Proper Thing to Do

I like to dress up. It’s very seldom that I don’t wear a coat and tie, which I believe is a piece of my past that continually pokes it head through my frame of reference. My maternal grandfather was English and a proper bloke. He came to the States at seventeen years old and never [...]