Finance Fund and Finance Fund Capital Corporation (FCAP) leverage investments from a wide range of public and private investors to achieve the greatest social impact. This is critically important at a time when traditional sources of funding are shrinking – including government funds, foundation grants, corporate support and earned income. And it's not surprising that the need for funding community-based initiatives is growing as more communities fall into economic hard times.
Whether your interest is in creating jobs, supporting new business growth, increasing affordable housing or providing health care facilities in urban or rural communities we can work with you to customize your investment. Finance Fund and FCAP currently have four loan funds that investors can use to make direct investments:
- Healthy Food for Ohio: This program supports healthy food retail projects that increase access to nutritious foods in underserved communities. Through a range of public, private and philanthropic funding sources, HFFO offers grants and loans to supermarkets, healthy corner stores, food hubs, farmers markets and other projects aimed at improving health and nutrition.
- Small Business Loan Fund: This fund encourages qualified corporations and financial institutions to make qualified CRA-eligible investments which will provide financing to support community development projects throughout Ohio.
- New Markets Tax Credit Loan Fund: This proven effective tool permits taxpayers to receive a credit against Federal income taxes for making qualified equity investments to designated CDEs. The credit totals 39% of the cost of investment and is claimed over a 7-year credit period.
A Special Thank You to our Investors!
Your investment can help transform Ohio's struggling communities. If you're interested in providing capital to transform economically distressed communities in Ohio, we'd like to explore the possibilities with you. To find out more, please contact us at Info@financefund.org.