Archive for the ‘Commentary’ Category
written on March 5th, 2013 | by James R. Klein
Community development leaders from across the nation gathered at the CDFI Coalition Institute Conference in Washington, D.C. to discuss federal policy issues facing CDFIs including the impact of sequestration, the President’s FY 2014 Budget and tax reform under discussion in Congress.
Tags: automatic spending cuts, Budget Control Act, CDFI, CDFI Coalition, CDFI Coalition Institute, CDFIs, CohenReznick, Community Development, Congress, Congressional Budget Office, continuing resolution, deficit reduction, education, Federal Budget, federal policy issues, Head Start, health care, homeless, Jacob Hacker, NeighborWorks America, Paul Pierson, President's FY 2014 Budget, Rapoza, scientific research, small business loan guarantees, tax reform, unemployment benefits, veterans' benefits, Winner-take-all-politics
Posted in CDFI, Commentary, Community Development | No Comments »
written on January 2nd, 2013 | by James R. Klein
The tax credit community can breath a sigh of relief and look forward to a better New Year with the news that President Obama signed legislation on a number of tax extender provisions including the New Markets Tax Credit. H.R. 8, the American Taxpayer Relief Act of 2012 extends NMTC for two years, allocating $3.5 [...]
Tags: American Taxpayer Relief Act, CDFI, Community Development Finance Institution, fiscal cliff, NMTC, NMTC coalition, NMTC renewal
Posted in Commentary, Community Development, Job Creation, New Markets Tax Credit | No Comments »
written on December 6th, 2012 | by Amanda Hoyt
As the “fiscal cliff” looms, it’s likely that major cuts in government programs will be part of the plan to reduce the federal budget deficit. As the nation waits to see where the cuts will fall, Finance Fund is actively making the case for reauthorization of the federal New Markets Tax Credit (NMTC) program alongside [...]
Tags: 2012 Public Affairs Pulse Survey, CDE, Community Development, community investment, fiscal cliff, New Markets Tax Credit, New Markets Tax Credit Coalition, tax credits
Posted in Commentary, Community Development, Job Creation, New Markets Tax Credit, Uncategorized, Workforce | No Comments »
written on November 20th, 2012 | by James R. Klein
”As we express our gratitude, we must never forget that the highest appreciation is not to utter words, but to live by them.” John F. Kennedy Thank you for your support of Finance Fund and our mission to bring economic vitality to underserved communities. I am grateful to our funders, partners, clients, staff members, legislators [...]
Tags: Congress, economic development, James Klein, Jobs, Thanksgiving
Posted in CDFI, Commentary, Community Development, Finance Fund Partnerships, Job Creation, New Markets Tax Credit, Uncategorized, Workforce | No Comments »
written on November 8th, 2012 | by Amanda Hoyt
It’s tough to help jobseekers find work under any circumstances. When Employment Connection’s budget was cut by 50% — at the same time that demand for its services doubled — this workforce development collaborative stepped-up to the challenge and beat prior records for job placements, candidate interviews and employer visits. It was a privilege to [...]
Tags: City of Cleveland, Cuyahoga County, employers, Employment, Employment Connection, Governor John Kasich, Governor's Executive Workforce Board, interviews, Job creation, job seekers, Jobs, Office of Workforce Transformation, taxpayers, Workforce Development
Posted in Commentary, Job Creation, Uncategorized, Workforce | No Comments »
written on October 24th, 2012 | by Moniqua Spencer
Like most people, I love to eat and I understand the importance of a community gathering place. When I learned about a historic café that was being renovated to support Meals on Wheels and youth food programs – while continuing to serve home-cooked favorites to restaurant patrons – I grabbed my fork and was eager [...]
Tags: Champaign County, Community Development, Finance Fund, Liberty Gathering Place, Linked Deposit Program, Logan County, Meals on Wheels, neighborhoods, Ohio, Predevelopment grants, Senior Nutrition Service and Summer Youth Food programs, Shelby County, Tri-County Community Action Commission, West Liberty
Posted in Commentary, Community Development, Finance Fund Partnerships, Job Creation, neighborhoods, Pre-Development Grants, Uncategorized | No Comments »
written on October 2nd, 2012 | by Amanda Hoyt
Living independently is a big step, especially for people with disabilities who may not have the skills or education they need to earn a living wage. Medina Creative Housing (MCH) celebrated its 20th anniversary last week by cutting the ribbon on four new apartment units that will enable Medina County residents with disabilities to live independently [...]
Tags: 20th Anniversary, economic development, Finance Fund, Housing for people with disabilities, HUD, HUD recipients, HUD support, Medina Creative Housing, Supportive Employment Enclaves
Posted in Commentary, Community Development, Finance Fund Partnerships, Job Creation, neighborhoods, Uncategorized | No Comments »
written on September 25th, 2012 | by Amanda Hoyt
While Ohio is doing better than most states in getting people employed, there are still pockets of people who are having trouble finding work. Often, the skills that employers need don’t match up with those of the unemployed. To help with this mismatch, Governor Kasich created the Governor’s Office of Workforce Transformation and Governor’s Executive [...]
Tags: Amanda Hoyt, economic development, Employment, Governor's Executive Workforce Board, Governor's Office of Workforce Transformation, Job Training, Ohio Workforce Programs, Small Business
Posted in Commentary, Community Development, Job Creation, Leadership and Management, Uncategorized | No Comments »
written on September 20th, 2012 | by I-Cheng Huang
ZenCha Tea Salon began as dream born from my passion for tea. It’s much more than just a business to me. Here, we promote international tea arts that enhance cultural commonality, health awareness and quality leisure, with core values of harmony, respect, purity and tranquility. FinanceFund has played a very important role in our business [...]
Tags: Business development, Business Financing, Entrepreneur, Finance Fund, Financial Intermediary, New business start-up, Urban neighborhood
Posted in Commentary, Community Development, Job Creation, neighborhoods, New Markets Tax Credit, Uncategorized | No Comments »
written on August 3rd, 2012 | by Amanda Hoyt
Good news for Ohio. Progress on Jobs. On Aug. 2, the US Senate Finance Committee approved the tax extender bill with $3.5 billion per year in New Markets Tax Credits (NMTC) for 2012-2013. The Senate will try to move this bill to the floor after the recess, but may wait until the lame duck session [...]
Tags: Community Development, Congressman Steve Chabot, Congressman Steve Stivers, economic development, Jobs, New Markets Tax Credits, NMTC coalition, NMTC extension, NMTC reauthorization, Ohio Delegation
Posted in Commentary, Job Creation, New Markets Tax Credit | No Comments »