Posts Tagged ‘Community Development Entities’
written on February 25th, 2010 | by James R. Klein
On February 19th I participated in a conference call in which senior Treasury officials provided remarks preceding a press release and fact sheet further supporting the inclusion of a New Markets Tax Credit program extension for 2010 & 2011 in the President’s proposed budget. “As part of the Administration’s strategy to restore prosperity and create [...]
Tags: CDFI, CDFI Coalition, collaboration, Community Development Entities, Community Development Finance Institution, economic challenges, Finance Fund, James Klein, Low Income Community, New Markets Tax Credit, NMTC, President Barack Obama, stimulus, tax credits, US Treasury Department
Posted in New Markets Tax Credit | No Comments »
written on February 11th, 2010 | by James R. Klein
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 [...]
Tags: CDFI, CDFI Coalition, Commentary, Community Development Entities, Finance Fund, James Klein, President Barack Obama, TARP
Posted in Uncategorized | No Comments »
written on October 30th, 2009 | by James R. Klein
This is a pretty important day in the history of Finance Fund. We learned this morning that we have been awarded $50 million in New Markets Tax Credits from the CDFI Fund in the U.S. Department of Treasury. The funding will be used to offer low-interest financing for projects that revitalize both urban and rural low-income [...]
Tags: CDFI, CDFI Coalition, Community Development Entities, Community Development Finance Institution, Congress, Finance Fund, James Klein, Jobs, Low Income Community, New Markets Tax Credit, NMTC, State of Ohio, stimulus, tax credits, US GAO, US Treasury Department
Posted in CDFI, Community Development, New Markets Tax Credit | 2 Comments »
written on October 5th, 2009 | by James R. Klein
I like to dress up. It’s very seldom that I don’t wear a coat and tie, which I believe is a piece of my past that continually pokes it head through my frame of reference. My maternal grandfather was English and a proper bloke. He came to the States at seventeen years old and never [...]
Tags: Columbus Dispatch, Community, Community Development Entities, Development, Finance Fund, James Klein, neighborhoods, village
Posted in Community Development | No Comments »
written on April 2nd, 2009 | by James R. Klein
TESTIMONY BEFORE THE OHIO HOUSE FINANCE AND APPROPRIATIONS COMMITTEE
JAMES R. KLEIN, CEO, OHIO COMMUNITY DEVELOPMENT FINANCE FUND
OHIO NEW MARKETS TAX CREDIT
Tags: Add new tag, Community Development Entities, Finance Fund, Governor Strickland, Ohio Department of Development, Ohio General Assembly, Ohio House of Representatives, State of Ohio, tax credits
Posted in New Markets Tax Credit, Uncategorized | No Comments »
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
Posted in CDFI | No Comments »
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
Posted in CDFI, Commentary | No Comments »
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
Posted in New Markets Tax Credit | No Comments »
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