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 Jackson; [...]
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 »
