Archive for the ‘Uncategorized’ Category
written on May 20th, 2013 | by James R. Klein
Hundreds of Finance Fund partners, clients, funders, elected leaders, policymakers and staff gathered at our Annual Reception and Awards Ceremony in May to celebrate what we’ve accomplished together over the past year. Among the many highlights, Finance Fund recognized Burten, Bell, Carr Development, Inc. as our 2012 Community Champion Award winner. BBC is revitalizing an urban [...]
Tags: Burten Bell Carr Development Inc., Community Health Loan Fund, Finance Fund, Finance Fund Annual Reception, Inc., Reception, The HealthPath Foundation of Ohio, Theresa Wucusick, Tim Tramble
Posted in Community Development, Finance Fund Partnerships, Healthcare, Housing, Job Creation, neighborhoods, Uncategorized, Workforce | No Comments »
written on April 24th, 2013 | by Tara Campbell
Small business owners and entrepreneurs often contact Finance Fund after they’ve been turned down for a traditional bank loan. We work hard to find ways to partner with traditional lenders and leverage grants and other forms of funding to make financing for these folks possible. It’s often difficult, complex work, but extremely rewarding. Finance Fund [...]
Tags: Capital, Columbus Chamber of Commerce, Community Health Loan Fund, Credit, Finance Fund, Low Income Community, neighborhoods, NMTC, Ohio Department of Development, SBA Community Advantage, SBA Intermediate Lending, Small Business lending, US Treasury Department
Posted in Finance Fund Partnerships, New Markets Tax Credit, Uncategorized | No Comments »
written on April 17th, 2013 | by James R. Klein
WASHINGTON, April 17, 2013 – The New Markets Tax Credit (NMTC) Coalition commends President Obama for his call for a permanent extension of the NMTC. By permanently extending the NMTC, President Obama would ensure that low income communities continue to receive billions in capital for new community facilities, businesses and revitalization projects while also generating a significant return on investment [...]
Tags: community revitalization, economic development, federal government, Job creation, Jose Villalobos, low income communities, New Markets Tax Credit, New Markets Tax Credit Coalition, permanent authorization, permanent extension, President Barack Obama, return on investment, unemployment, USGAO
Posted in Community Development, New Markets Tax Credit, Uncategorized | No Comments »
written on April 16th, 2013 | by Moniqua Spencer
With the advent of the Affordable Care Act, there will be a significant gap between the number of community-based health care (CHC) facilities projects planned and the projected demand for services in low-income communities. The Affordable Care Act’s goal is to serve 40 million patients – that’s double the number of people CHCs currently serve [...]
Tags: Affordable Care Act, Capital Link, Cardinal Health, Community Health Loan Fund, community-based healthcare facilities, Finance Fund Capital Corporation, LabCorp, Merck & Co, Molina Healthcare, Moniqua Spencer, Ohio Association of Community Healthcare Centers, Ohio Development Services Agency, patients, PNC Bank, providers, The Greater Cincinnati Foundation, The HealthPath Foundation of Ohio
Posted in Community Development, Finance Fund Partnerships, Healthcare, Uncategorized | No Comments »
written on March 21st, 2013 | by James R. Klein
The demand for community-based health care services is high in Ohio. According to 2011 data from the US Department of Health and Human Services, community health centers in Ohio served nearly 500,000 patients who visited them nearly four times/year on average. About 75% are uninsured or on Medicaid. To help expand community health care services [...]
Tags: CHC, CHL Fund, Community Health Centers, dental care, economic challenges, economic development, Federally Qualified Community Health Center, FHQC, Finance Fund, Finance Fund Capital Corporation, funding for health care equipment, Funding for health care facilities, health care, Low Income Community, neighborhoods, Ohio Development Services Agency, PNC Bank, preventive health care services, primary care, The Greater Cincinnati Foundation, The HealthPath Foundation of Ohio, underinsured people, uninsured people, US Department of Health and Human Services
Posted in Healthcare, Uncategorized | No Comments »
written on February 8th, 2013 | by James R. Klein
A $20,000 pre-development grant from Finance Fund will be used to create marketing materials that reposition Parsons Avenue and attract investment following a generation of decline. A diverse mix of stakeholders is working to revitalize the area on Columbus’ south side into a vibrant residential and commercial corridor. When neighborhood groups, government and nonprofit organizations [...]
Tags: Arch City Development, Brian Higgins, Columbus' South Side, Community Development for All People, Jim Grote, Nationwide Children's Hospital, parsons avenue, revitalization
Posted in Community Development, Finance Fund Partnerships, Job Creation, neighborhoods, Pre-Development Grants, Uncategorized | No Comments »
written on February 7th, 2013 | by Fermin Koop
Through a three-month internship arrangement with the Columbus International Program, I am working in the U.S. as a visiting journalist from Argentina. For the last few weeks, you’ve probably seen my work on increasing Finance Fund’s social media connections. As a nonprofit, a strong digital and online presence can create a strong online community among [...]
Tags: blog, columbus international program, economic challenges, faceook, Finance Fund, social media, social networks, twitter
Posted in Uncategorized | No Comments »
written on January 23rd, 2013 | by James R. Klein
Finance Fund is pleased to award $12.8 million in federal and $2.56 million in state New Market Tax Credit (NMTC) financing to Ironville to expand operations at the Toledo Port’s Midwest Terminal. PNC New Markets Investment Partners, LLC, the investor, provided an additional $2.5 million federal allocation. The new construction project is located in a [...]
Tags: commerce, Community Development, economic development, Finance Fund, James Klein, Job creation, Low Income Community, New Markets Tax Credit, NMTC, PNC, St. Lawrence Seaway, Toledo Seaport
Posted in Community Development, Job Creation, New Markets Tax Credit, Uncategorized | No Comments »
written on January 9th, 2013 | by James R. Klein
Change is never easy and organizational change doubly so. It takes a lot of time and thought – some mental “heavy lifting” – to deal with present and future needs. Positive change is about evolutionary growth and making the most of new possibilities as well as altering legacy systems and approaches. At Finance Fund, we’ve [...]
Tags: Chief Operating Officer, community development financial institution, Finance Fund, Mark Barbash, National Development Council, Ohio Department of Development, the U.S. Commerce Department, U.S. House., U.S. Senate
Posted in Community Development, Leadership and Management, Uncategorized | No Comments »
written on December 19th, 2012 | by Amanda Hoyt
Congressional members on both sides of the aisle support a renewal of the New Markets Tax Credit (NMTC) program. House Resolution 2655 currently has 86 cosponsors and proposes to extend the credit through 2016 with a $5 billion annual allocation. The demand for program, however, far exceeds this allocation. The Community Development Financial Institutions (CDFI) [...]
Tags: Amanda Hoyt, CDFI, CDFI Fund Director Donna J. Gambrell, Community Development Finance Institution, Congressman Bob Gerlach, economic development, Finance Fund, House Resolution 2655, HR 2655, New Markets Tax Credit Coalition 2012 Annual Conference, Rep. Richard Neal, Sen. Mary L. Landrieu
Posted in New Markets Tax Credit, Uncategorized | No Comments »
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