Archive for the ‘Commentary’ Category

Sequester’s Impact Tops Agenda at CDFI Coalition Institute Conference

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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.

Congress Extends New Markets Tax Credit: $7 Billion Over Two Years

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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 [...]

Looking Over the Fiscal Cliff

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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 [...]

Giving Thanks. Inspired To Do More.

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 ”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 [...]

Job Placement Program Grows Despite Funding Cuts

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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 [...]

Just Desserts: Liberty Café Renovation Serves up Food and Community to 1,000+

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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 [...]

Disabilities No Barrier To Wage-Earning Independent Residents

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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 [...]

Getting Ohioans Back to Work

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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 [...]

A Shared Vision Brings ZenCha to Life

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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 [...]

NMTC on the Move in Congress

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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 [...]


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