Posts Tagged ‘Ohio Department of Development’
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 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 August 14th, 2012 | by James R. Klein
Entrepreneurship and business development in any location under any circumstance can be extremely challenging. In Appalachian Ohio, the challenges are particularly difficult. Consider these statistics: • The 32 Appalachian counties in the southern and eastern parts of the state report 30% lower population density than the rest of the state as people move closer to [...]
Tags: Appalachia, Appalachian Small Business Resource Workshop, Athens, economic development, Finance Fund, funding, loans, Low Income Community, Ohio, Ohio Department of Development, Ohio University Innovation Center, US Small Business Administration
Posted in Appalachia, CDFI, Community Development, Finance Fund Partnerships, Job Creation, New Markets Tax Credit, Pre-Development Grants, Uncategorized | No Comments »
written on October 21st, 2010 | by Jennifer Deuber
Ohio Department of Development Director Lisa Patt-McDaniel today announced that $10 million in Ohio New Markets Tax Credits are being made available to four Ohio entities, including Finance Fund, to spur economic investments of at least $25.6 million across Ohio. The program helps finance business investments by providing state tax credits to investors for below-market-rate [...]
Tags: Finance Fund, Jobs, LIC, Low Income Community, New Markets Tax Credit, NMTC, Ohio Department of Development, State of Ohio, stimulus, tax credits
Posted in Community Development, New Markets Tax Credit | No Comments »
written on August 9th, 2010 | by James R. Klein
On August 9, the Freeport Press announced the addition of a new, specialized printing press at a special reception. The new printing press enables Harrison County’s largest employer, Freeport Press to retain 150 jobs and add another 40 jobs over the next seven years. Both Governor Ted Strickland and Congressman Zack Space attended the event, [...]
Tags: Columbus, Finance Fund, Harrison County, New Markets Tax Credits, Ohio, Ohio Department of Development, Ohio economic development, Ohio Government, Ohio Governor Ted Strickland, U.S. Congressman Zack Space
Posted in Appalachia, Community Development, Finance Fund Partnerships, Leadership and Management, New Markets Tax Credit | No Comments »
written on May 25th, 2010 | by James R. Klein
This week we’re seeing our mission and values come to life as we celebrate another success story. Ohio Basic Minerals (OBM), a sand and gravel company in Appalachia’s Jackson, Ohio, is holding their grand re-opening Thurs., May 27. OBM is celebrating its newly expanded and revitalized facility. The project created 35 construction jobs, retained seven [...]
Tags: economy, expansion, Finance Fund, Finance Fund Capital Corporation, Jobs, Low Income Community, New Markets Tax Credit, NMTC, OBM, Ohio Basic Minerals, Ohio Department of Development, revitalization, sand, State of Ohio
Posted in Community Development, Finance Fund Partnerships, New Markets Tax Credit | No Comments »
written on October 21st, 2009 | by James R. Klein
Driving through many neighborhoods across the state of Ohio is more like driving through ghost towns. Vacant, abandoned properties litter the once-thriving communities, reminding passers-by of the crisis facing us all and the disparity of resource allocation in our country. As the Wall Street Journal recently reported, more than 1.5 million properties received a foreclosure [...]
Tags: economic challenges, Finance Fund, Finance Fund Capital Corporation, Jobs, Low Income Community, neighborhoods, New Markets Tax Credit, Ohio Department of Development, State of Ohio, stimulus
Posted in Community Development | No Comments »
written on July 30th, 2009 | by James R. Klein
When our program team met Sharon Hartwig and Charlie Kunkel, co-owners of St. Lawrence O’Toole Gardens, we were inspired by their dream of reclaiming a vacant, historic building for their community. We’re proud to announce that dream came one step closer to reality last Friday when Lawrence County’s only assisted living center to be called Close [...]
Tags: Close to Home III, Ironton, Ironton Tribune, New Markets Tax Credit, Ohio Department of Development, Ohio Empowerment Zone, St. Lawrence O'Toole Gardens
Posted in Finance Fund Partnerships | 1 Comment »
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 February 4th, 2009 | by James R. Klein
For our first blog entry on our new web site, we’re thrilled to share the news of an initiative in partnership with the Ohio Department of Development.
Tags: Cars, Diplomas, Finance Fund, James Klein, Jobs, Lt. Governor Lee Fisher, Ohio Community Action Network, Ohio Department of Development, State of Ohio
Posted in Finance Fund Partnerships | No Comments »