Posts Tagged ‘Finance Fund’
written on April 24th, 2013 | by James R. Klein
The New Markets Tax Credit (NMTC) program is one of Finance Fund’s strongest resources. Today, we received the long awaited news that the U.S. Department of Treasury awarded us $40 million in NMTC. This is the eighth round of NMTC funding we have received, totaling $240 million since 2004. The NMTC funding fuels our New [...]
Tags: Finance Fund, New Markets Tax Credit, NMTC, US Treasury Department
Posted in CDFI, Community Development, Job Creation, New Markets Tax Credit | 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 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 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 »
written on October 24th, 2012 | by Moniqua Spencer
Like most people, I love to eat and I understand the importance of a community gathering place. When I learned about a historic café that was being renovated to support Meals on Wheels and youth food programs – while continuing to serve home-cooked favorites to restaurant patrons – I grabbed my fork and was eager [...]
Tags: Champaign County, Community Development, Finance Fund, Liberty Gathering Place, Linked Deposit Program, Logan County, Meals on Wheels, neighborhoods, Ohio, Predevelopment grants, Senior Nutrition Service and Summer Youth Food programs, Shelby County, Tri-County Community Action Commission, West Liberty
Posted in Commentary, Community Development, Finance Fund Partnerships, Job Creation, neighborhoods, Pre-Development Grants, Uncategorized | No Comments »
written on October 2nd, 2012 | by Amanda Hoyt
Living independently is a big step, especially for people with disabilities who may not have the skills or education they need to earn a living wage. Medina Creative Housing (MCH) celebrated its 20th anniversary last week by cutting the ribbon on four new apartment units that will enable Medina County residents with disabilities to live independently [...]
Tags: 20th Anniversary, economic development, Finance Fund, Housing for people with disabilities, HUD, HUD recipients, HUD support, Medina Creative Housing, Supportive Employment Enclaves
Posted in Commentary, Community Development, Finance Fund Partnerships, Job Creation, neighborhoods, Uncategorized | No Comments »
written on September 20th, 2012 | by I-Cheng Huang
ZenCha Tea Salon began as dream born from my passion for tea. It’s much more than just a business to me. Here, we promote international tea arts that enhance cultural commonality, health awareness and quality leisure, with core values of harmony, respect, purity and tranquility. FinanceFund has played a very important role in our business [...]
Tags: Business development, Business Financing, Entrepreneur, Finance Fund, Financial Intermediary, New business start-up, Urban neighborhood
Posted in Commentary, Community Development, Job Creation, neighborhoods, New Markets Tax Credit, Uncategorized | No Comments »
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