Archive for March, 2010

$30 Million of NMTC Funding Available

written on March 29th, 2010 | by James R. Klein

One of our strongest resources is the New Market Tax Credit program (NMTC) awarded to us from the federal government. Back on Oct. 30, I announced our award of $50 million in NMTC funding – a great achievement for us and for Ohio’s distressed communities (discover more in the NMTC article category). As part of [...]

Posted in Community Development, New Markets Tax Credit | No Comments »

More money. More mission.

written on March 16th, 2010 | by James R. Klein

For much of the past decade we at Finance Fund, continue to strategize about how to address the problem of stability in resource generation and flexibility in capital deployment. Numerous meetings, workgroups and consultants have always led us back to the same place – more assets mean more resources for those in need. We are [...]

Posted in CDFI, Finance Fund Partnerships, Leadership and Management | No Comments »

CDFIs Key to Economic Recovery – Honored to Accept Role as Treasurer of CDFI Coalition at this Year’s CDFI Institute

written on March 11th, 2010 | by James R. Klein

Last week I attended the CDFI (Community Development Financial Institution) Institute held in Washington, DC. The Institute is “the” meeting for the various parts of the CDFI industry. It is put on by the CDFI Coalition which provides opportunity for CDFIs and their many partners, including the full spectrum of community development finance funders and [...]

Posted in CDFI, Community Development, Finance Fund Partnerships, Leadership and Management | No Comments »