Archive for the ‘Appalachia’ Category

Representative Bill Johnson Spends Time with Finance Fund

Finance Fund’s completed project, the St. Lawrence O’Toole Close to Home III Assisted Living Facility, hosted Congressman Bill Johnson last week. We toured the facility and discussed the significance of programs in Ohio’s 6th district, home to some of Ohio’s most distressed communities along the southern and eastern boarders. We have done extensive work in [...]

Finance Fund Selected as Part of New Intermediary Lending Pilot Program

Last week, it was announced that Finance Fund was chosen as one of the 20 first community lending organizations selected to receive $1 million for credit to qualifying small businesses under the SBA’s new Intermediary Lending Pilot Program. The only other Ohio recipient is Mahoning Valley EDC inYoungstown. Authorized under the Small Business Jobs Act [...]

Freeport Press Receives Funding from Finance Fund to Expand Capabilities & Create 40 New Jobs in Harrison County

On August 9, the Freeport Press announced the addition of a new, specialized printing press at a special reception. The new printing press enables Harrison County’s largest employer, Freeport Press to retain 150 jobs and add another 40 jobs over the next seven years. Both Governor Ted Strickland and Congressman Zack Space attended the event, [...]

Mission: Complete. Finance Fund Helps Celebrate Ohio Basic Minerals’ Success

On May 27, in Jackson, Ohio, my staff and I ventured to picturesque Jackson, Ohio, located in the Appalachian foothills, to celebrate the economic development success of another fruitful partnership—Ohio Basic Minerals. Patrick McDonald, Ohio Basic Minerals CEO, and Jeff Schrader, founder of the original Schrader and Sons Sand and Gravel, spoke to the crowd [...]