Since 1987, Finance Fund and its subsidiaries have invested more than $411.7 million into a wide range of projects throughout Ohio’s underserved communities involving economic development, community facilities, manufacturing and industrial facilities, healthy food retail and distribution, and affordable housing, leveraging more than $1.7 billion of additional investment. Finance Fund has accomplished this total investment by awarding 2,985 grants to community development corporations and other community-based organizations and by making over 81 loans and equity equivalent products to for-profit businesses and nonprofit organizations. Finance Fund’s investments have created important community impacts including: the creation and/or retention of 19,457 permanent jobs, and the creation of 11,577 construction jobs; the construction and development of 4,051,029 square feet of manufacturing and industrial space, 298,519 square feet of healthy food retail space, and 10,229,701 square feet of community facilities space serving 74,180 students and 227,474 patients; and creating 17,273 total housing units. FCAP made its first loan in 2006 and has provided flexible financing totaling $47.5MM to 88 borrowers, leveraging $138.4MM of additional investments. FCAP has financed businesses and projects that have created and/or retained 4,125 direct jobs, developed 314 housing units and 993,128 square feet of commercial space, and served 388,278 people.
View Top Employees from Finance FundWebsite | http://www.financefund.org |
Employees | 40 (32 on RocketReach) |
Founded | 1987 |
Address | 175 South Third Street Suite 1200, Columbus, Ohio 43215-3441, US |
Phone | (614) 221-1114 |
Fax | (614) 221-7493 |
Technologies |
JavaScript,
HTML,
PHP
+12 more
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Industry | Financial Services, Finance General, Finance |
Web Rank | 6 Million |
Keywords | Finance Fund, Eq2 Loan, John Loum St. Louis Mo, Equity Equivalence Investment Programme |
Competitors | Capital Impact Partners, Chicago Community Loan Fund, Colorado Enterprise Fund, Community Investment Corporation, Forward Community Investments |
SIC | SIC Code 614 Companies, SIC Code 61 Companies |
NAICS | NAICS Code 5222 Companies, NAICS Code 52 Companies, NAICS Code 522 Companies |
Looking for a particular Finance Fund employee's phone or email?
David Petroni is the Vice-president of Real Estate of Finance Fund.
32 people are employed at Finance Fund.
Finance Fund is based in Columbus, Ohio.
The NAICS codes for Finance Fund are [5222, 52, 522].
The SIC codes for Finance Fund are [614, 61].