Welcome to the Finance Fund Blog!On Wed., Feb. 3, Secretary of the Treasury Timothy Geithner announced that CDFI (Community Development Financial Institution) banks, thrifts and credit unions may now access funds from the Troubled Asset Relief Program (T.A.R.P.). This is part of the Obama Administration’s movement to support business lending by community development banks and development credit unions.
Mark Pinsky, President [...]
“Never awake me when you have good news to announce, because with good news nothing presses; but when you have bad news, arouse me immediately, for then there is not an instant to be lost.” – Napoleon Bonaparte
It was a busy week for our government leaders. President Obama made a stop here in the Buckeye [...]
Finance Fund has been “hanging around” Ohio for twenty some years and has provided some tangible value to distressed communities and inspired changes that, but for its presence, would not have happened. Ohio is proud of what Finance Fund has done but continues to ask the question “Is this all you can do?” It is [...]
Yesterday we were pleased to have Congressman Michael Turner (R-Ohio) join a number of us from Finance Fund at the Miami Valley Childhood Development Center in Dayton, Ohio to celebrate their newly renovated Head Start facility. We provided $1.05 million in New Markets Tax Credits
funding toward the renovation, which was accompanied
by a $429,000 [...]
Last week we were in Washington D.C. to attend several meetings and to rally support for two bills currently in the House and Senate.
HR 2628 is a 5-year extension of the New Market Tax Credit program. Last year, through our efforts, we were able to get 11 out of 18 representatives and both senators to [...]
This article appeared in the October 2009 edition of Smart Business News.
James R. Klein is a firm believer that every CEO needs a “Radar O’Reilly,” just like the one Col. Potter had on the old TV series, “M*A*S*H.” Radar was always there to deflect some of the less important obligations to allow his boss to [...]
Editor’s Note: This post is from Valerie Heiby, our Director of Development.
We have all heard how market conditions and increased competition have affected the health of Ohio’s community banking sector and the quality and availability of banking products and services. But in this economy, it’s imperative to find new ways to do business. Investing in [...]
It was bound to happen. Today I walked into a discussion of diapers. Being old school I place diapers in four general categories; cloth/disposable and empty/full but come to find out there are all kinds of sub groups of the first categorization and all kinds of options for the second. It appears “diaper” technology has [...]
The tough times we face today because of the recession are not unfamiliar to individuals throughout Ohio. In many of Ohio’s communities, the day-to-day realities of financial stress are a constant companion. Finance Fund works with many organizations to help improve the lives of Ohioans living in distressed urban and rural areas. However, much of [...]
When I first heard this line from “Help!” the Beatles 1965 song by John Lennon, I had graduated from High School and was poised to meet life head on. Full of vim and vigor and not much else, the first lines of the song were probably more suited to what was in store. “Help, I [...]