written on November 5th, 2009 | by James R. Klein
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 [...]
Tags: CDFI, Finance Fund, New Markets, New Markets Tax Credit
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written on November 2nd, 2009 | by James R. Klein
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 [...]
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written on October 22nd, 2009 | by Jennifer Deuber
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 [...]
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written on October 10th, 2009 | by James R. Klein
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 [...]
Tags: Finance Fund, James Klein, Smart Business News
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written on September 17th, 2009 | by James R. Klein
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 [...]
Tags: CDFI, Community Development Finance Institution, Finance Fund, New Markets Tax Credit
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written on September 8th, 2009 | by James R. Klein
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 [...]
Tags: Add new tag, Early Child Development, Head Start, Montgomery County, New Markets Tax Credit
Posted in Child Care, New Markets Tax Credit, Uncategorized | 1 Comment »
written on August 28th, 2009 | by James R. Klein
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 [...]
Tags: community banks, funding
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written on May 29th, 2009 | by James R. Klein
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 [...]
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written on April 15th, 2009 | by Jennifer Deuber
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written on April 6th, 2009 | by James R. Klein
I think there is some credibility to the phrase “If you can manage to stay around long enough people mistakenly think you know what you’re talking about.” Last Thursday (April 2), at the invitation of the Hon. Armond Budish, Speaker of the Ohio House of Representatives, I testified at the Ohio House Finance and Appropriations Committee concerning the New Markets Tax Credit (NMTC) program.
Tags: Armond Budish, Finance Fund, GAO, Government Accounting Office, Governor Strickland, House Bill 1, New Markets Tax Credit, Ohio General Assembly, Ohio House of Representatives, State of Ohio, Tax, tax credits
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