written on April 14th, 2009 | by James R. Klein
Every few years Finance Fund has taken an informal look at the “Low Income Community” market by soliciting input from groups of stakeholders and using the information to inform strategies, work planning, and product development. The drive is to always play to what the market needs and tailor resource offerings around that center. With the [...]
Tags: CDFI, Center for Economic Development, Center for Housing Policy Research, Cleveland State University, Community Development Finance Institution, FCAP, Finance Fund, Finance Fund Capital Corporation, Maxine Goodman Levin College of Urban Affairs, State of Ohio
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written on March 25th, 2009 | by James R. Klein
Media around the world is focused on the U.S bail out. I know this as a fact, sitting in a hotel room in Venice hearing CNN, CNBC, BBC, & SKY News spend significant time on bonuses paid with stimulus money. In the Congress we now have hearings on who knew what about who all of [...]
Tags: CDFI, Community Development Finance Institution, Congress, New Markets Tax Credit, US House of Representatives
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written on March 19th, 2009 | by Jennifer Deuber
Jim was recently selected to sit on the Board of Directors for the CDFI Coalition, a national organization representing community development institutions across the country. These institutions are certified CDFIs by the U.S. Department of the Treasury’s Community Development Financial Institutions (CDFI) Fund.
Tags: CDFI, collaboration, communities, Community Development Entities, Community Development Finance Institution, economic challenges, Finance Fund, neighborhoods
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written on March 5th, 2009 | by James R. Klein
At a CDFI Coalition meeting earlier this week in Washington D.C., the topic was liquidity, which is a fancy word for “where’s the money.” Seems like we have once again applied a “one size fits all” solution.
Tags: CDFI, CDFI Coalition, Community Development Entities, Community Development Finance Institution, Congress, Financial Services Committee, Liquidity, Rep. Barney Frank, US House of Representatives
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written on February 12th, 2009 | by James R. Klein
New Markets Tax Credits (NMTC) was designed to stimulate investments in commercial real estate and business ventures located in low income urban and rural areas.
Tags: CDE, CDFI, Community Development Entities, Community Development Finance Institution, Community Renewal Tax Relief Act, Congress, Governor Strickland, LIC, Low Income Community, New Markets Tax Credit, Ohio General Assembly, US GAO, US Treasury Department
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