GROWING GREAT
IDEAS INTO GREAT
COMMUNITIES

"Finance Fund provided the predevelopment grant that helped us determine whether to purchase a 55,000 sq. ft. warehouse in the up-and-coming Franklinton Arts District."

Jim Sweeney
Executive Director,
Franklinton Development Association

Franklinton
Arts District

Columbus, Ohio

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Getting Started. I AM A... Community Development Organization

Your community development project is important, and you're not alone in wanting to see it succeed. Today's economy makes it tough for even strong, successful nonprofits to get access to credit and grants to fund programs and services that meet important community needs.

Who is Eligible

Nonprofit community development corporations and community action agencies focused on affordable housing and/or economic development in low- to moderate-income communities are eligible. Funding is available for projects that strengthen an area’s economic base by:

  • Improving neighborhood commercial areas through rehabilitation or construction of industrial, retail or office space
  • Creating permanent, private sector jobs

How We Can HELP

Finance Fund offers grants, loans, credit enhancements and other services designed to create a better quality of life for people living in urban and rural communities in economic distress.

  • Linked Deposit Fund: This program provides access to affordable financing from local lenders for housing and economic development projects. The deposit term is usually shorter than the loan term, which allows for reuse of capital. These low-interest loans enable organizations to make project financing affordable to the lowest income people in their communities. Click here for the Linked Deposit Fund program materials.

Contact Us

We have a dedicated program team who would like to learn about your project. They can recommend the best approach for achieving your goals such as:

  • Funding through our programs
  • Partnering with others to increase access to additional funding
  • Tailoring a program specific to your unique needs

We'll also ensure that you receive funding application help, business planning advice and bank networking assistance, as needed. To get started, please contact: Omar Elhagmusa, Lending Officer, at oelhagmusa@financefund.org.

Read our success stories!





This institution is an equal opportunity provider.
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