Archive for the ‘Finance Fund Partnerships’ Category

Annual Gala Honors Champions for Ohio

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Finance Fund and Finance Fund Capital Corporation (FCAP) hosted over 200 business, elected, community and nonprofit leaders at our Annual Gala last week, which was generously sponsored by our friends at U.S. Bancorp. The Performance Hall at OSU’s Ohio Union was brimming with Champions for Ohio who enjoyed an Awards Program, reception and dinner. Our [...]

Historic Landmark Building Repurposed in Madisonville

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Finance Fund is pleased to provide an economic development grant to assist the Madisonville Community Urban Redevelopment Corp. (MCURC) in redeveloping a nearly 90-year-old historic landmark bank building into modern residential and retail space totaling 5,600 sq. ft. This building is a wonderful example of adaptive re-use that will certainly add to the community’s vibrancy [...]

From Abandoned to Abundant: Project Success Stories Inspire Us

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  A favorite part of my work is visiting projects to gather stories about the people and places that are making steady progress toward economic recovery. Through public-private partnerships, Finance Fund and Finance Fund Capital Corporation (FCAP) flow capital into projects located in neglected and overlooked neighborhoods across the state. These investments build community assets and fuel [...]

Healthy Food for Ohio Launches with Strong Statewide Support

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There’s been a strong positive response to the new Healthy Food for Ohio (HFFO) program, which provides grants and loans to grocery stores and other healthy food retailers operating in or expanding in underserved communities. All of us at Finance Fund Capital Corporation (FCAP) are deeply grateful to the many people and organizations that have [...]

Fun, Funky and Funded: New Design Studio and Coffee Shop join Waterloo District

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A neighborhood transformation story is taking place in Cleveland, where a new ceramic arts studio and coffee shop are adding to the diversity and vibrancy of the up-and-coming Waterloo Arts and Entertainment District in the Collinwood neighborhood. Finance Fund provided Northeast Shores Development Corporation with a $150,000 economic development grant that helped transform two vacant, [...]

Finance Fund Capital Corporation Launches Statewide Healthy Food for Ohio Program

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Today, Congressman Steve Stivers and Representative Ryan Smith joined in  launching the statewide Healthy Food for Ohio (HFFO) program alongside Finance Fund Capital Corporation (FCAP), The Food Trust, The Ohio Grocers Association, and members of the Ohio Healthy Food Financing Task Force. HFFO is a public-private partnership that will provide loans and grants to food retailers [...]

Finance Fund Gains Insights From Opportunity Finance Network Conference

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This past week, a delegation of Finance Fund staff participated in the 2015 annual meeting of the Opportunity Finance Network, the premier association of Community Development Financial Institutions (CDFI). This year, more than 1,200 professionals from around the country met in downtown Detroit, a community that is showing remarkable signs of resilience coming out of [...]

Grateful for Our Inspired Leaders

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Finance Fund and FCAP are deeply grateful for the expertise and service of the many people who volunteer their time to provide us with community insights, business counsel and important connections to other economic development leaders and funding sources. Ninety percent of our Board members are drawn from the low-income communities we serve across the [...]

Finance Fund Accepts OEDA Best Project Award

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  “Finance Fund showed passion, commitment and leadership,” said Kevin Brokaw, director of development and general counsel for the Geis Companies.  “They put their investment in first and helped draw other investors to the project amounting to $25.5 million in New Markets Tax Credits.” Brokaw addressed a packed house of economic development and business leaders at the 2015 [...]

Finance Fund Awarded $4 Million in Ohio New Markets Tax Credits

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Finance Fund has been awarded $4 million in Ohio New Markets Tax Credit (ONMTC) allocation out of the total of $10 million available to Community Development Entities across the state. It is significant that the Ohio Development Services Agency has provided such a large award in recognition of Finance Fund’s demonstrated strength in meeting the [...]

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