Posts Tagged ‘US Treasury Department’
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 December 14th, 2011 | by James R. Klein
James Klein, Finance Fund CEO, has been elected to a seat on the Executive Committee of the New Markets Tax Credit Coalition (NMTCC). The 48-seat board is comprised of members from leading organizations that utilize NMTC, lending institutions, investors, and business professionals. Klein’s duties include advising on policy and regulatory issues that affect the use [...]
Tags: CDFI, Community Development Entities, Community Development Finance Institution, Congress, Finance Fund, James Klein, Jobs, Low Income Community, New Markets Tax Credit, NMTC, US Treasury Department
Posted in CDFI, Community Development, Job Creation, Leadership and Management, New Markets Tax Credit | No Comments »
written on May 4th, 2010 | by James R. Klein
On Wed., April 21, we proudly hosted several state legislators, community leaders and Finance Fund project partners at the Capital Club in downtown Columbus. It was an excellent opportunity to share how Finance Fund has positively impacted some of the state’s most distressed communities. We highlighted four partnership “success stories,” including Ohio Basic Minerals in [...]
Tags: CDFI, Community Development Finance Institution, Early Child Development, Finance Fund, Jobs, New Markets Tax Credit, NMTC, Ohio General Assembly, State of Ohio, US Treasury Department
Posted in CDFI, Child Care, Community Development, Finance Fund Partnerships, New Markets Tax Credit, Uncategorized | 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 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 »
Welcome to the Finance Fund Blog!
Last Tweets
