Posts Tagged ‘tax credits’
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 October 21st, 2010 | by Brenda Stier-Anstine
On October 7-8, 2010, key staff joined the Finance Fund board of directors for a retreat held at the Clarence D. Lumpkin Point of Pride Building in Columbus. A Finance Fund New Markets Tax Credit project in 2007, the location perfectly punctuated one of the overall retreat goals, which was to allow the board of [...]
Tags: Community Development Entities, Finance Fund, Jobs, Low Income Community, New Markets Tax Credit, NMTC, tax credits
Posted in Community Development, Finance Fund Partnerships, Leadership and Management, neighborhoods, New Markets Tax Credit | No Comments »
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 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 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
Posted in New Markets Tax Credit, Uncategorized | 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 | 1 Comment »
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