Welcome to the Finance Fund Blog!Health care is a constant struggle for many Americans, especially low-income individuals and families. The Columbus Dispatch’s August 9th article “Area Health Centers Hit Hard by Federal Cuts” reported that federal spending reductions could cause 5 million people to be turned away from their current Federally Qualified Health Center (FQHC). A National Association of Community [...]
On May 12, we celebrated with over 200 guests, including partners, investors and legislators, the revitalization work that Finance Fund accomplished in Ohio communities in 2010. The 22nd Annual Reception was an evening full of opportunities to reflect on the past year’s work and look forward to the projects to come. Our theme for 2010 [...]
On October 7-8, 2010, key staff joined the Finance Fund board of directors for a retreat held at the Clarence D. Lumpkin Point of Pride Building in Columbus. A Finance Fund New Markets Tax Credit project in 2007, the location perfectly punctuated one of the overall retreat goals, which was to allow the board of [...]
Last week, Finance Fund celebrated the opening of Zik’s Family Pharmacy in inner-city Dayton with a ribbon-cutting ceremony. Zik’s, located at 1130 W. Third St. in the Wright Dunbar Business District, is owned and operated by Nnodum Iheme, a Dayton-based pharmacist and entrepreneur. Finance Fund helped make this much needed local pharmacy a reality with [...]
Recently, Finance Fund celebrated the official kick-off of construction at a special sign unveiling at the site of the third building at Tech Town in Dayton. Tech Town is a technology-oriented campus that is designed to support commercialization, application and convergence of cutting-edge technologies. The new 62,000-square-foot smart office building is expected to be ready [...]
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, [...]
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 [...]
This week we’re seeing our mission and values come to life as we celebrate another success story. Ohio Basic Minerals (OBM), a sand and gravel company in Appalachia’s Jackson, Ohio, is holding their grand re-opening Thurs., May 27. OBM is celebrating its newly expanded and revitalized facility. The project created 35 construction jobs, retained seven [...]
On Wed., April 21, we proudly hosted several state legislators, community leaders and Finance Fund project partners at the Capital Club in downtown Columbus. It was an excellent opportunity to share how Finance Fund has positively impacted some of the state’s most distressed communities. We highlighted four partnership “success stories,” including Ohio Basic Minerals in [...]
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 [...]
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