Finance Fund

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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.

Company Details

Employees
41
Founded
-
Address
175 South Third Street, Suite 1200, Columbus,ohio 43215-3441,united States
Phone
+1-614-221-1114
Email
in****@****und.org
Industry
Financial Services
NAICS
Finance and Insurance
Monetary Authorities-Central Bank
HQ
Columbus, Ohio
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News

Jefferies trade finance fund has a quarter of its assets linked to First Brands - Global Trade Review

Jefferies trade finance fund has a quarter of its assets linked to First Brands Global Trade Review

Vitol Launches Mine Finance Fund as Competition Grows for Metals - Bloomberg

Vitol Launches Mine Finance Fund as Competition Grows for Metals Bloomberg

Aegon AM launches Capital Call Finance Fund - Alternative Credit Investor

Aegon AM launches Capital Call Finance Fund Alternative Credit Investor

Singapore Raises Over $500 Million for Green Infrastructure Blended Finance Fund - ESG Today

Singapore Raises Over $500 Million for Green Infrastructure Blended Finance Fund ESG Today

Exclusive | AlpInvest Banks Nearly $4 Billion for Latest Portfolio-Finance Fund - The Wall Street Journal

Exclusive | AlpInvest Banks Nearly $4 Billion for Latest Portfolio-Finance Fund The Wall Street Journal

Aegon AM expands alts efforts with capital call finance fund - Citywire

Aegon AM expands alts efforts with capital call finance fund Citywire

Fortress Targets $1 Billion for Latest Litigation Finance Fund - Insurance Journal

Fortress Targets $1 Billion for Latest Litigation Finance Fund Insurance Journal

New African trade finance fund aims to boost SME lending - Global Trade Review

New African trade finance fund aims to boost SME lending Global Trade Review

Appalachian Solar Finance Fund - Appalachian Voices

Appalachian Solar Finance Fund Appalachian Voices

Nonprofit Finance Fund Announces Leadership Changes - PR Newswire

Nonprofit Finance Fund Announces Leadership Changes PR Newswire

The Regenerative Agriculture Finance Fund's Climate-Smart Rebate - Conservation Finance Network

The Regenerative Agriculture Finance Fund's Climate-Smart Rebate Conservation Finance Network

Social Finance Fund-backed Boann reveals first investments in Canadian impact funds - Philanthropy News Digest

Social Finance Fund-backed Boann reveals first investments in Canadian impact funds Philanthropy News Digest

British International Investment launches small business finance fund in Zambia - ImpactAlpha

British International Investment launches small business finance fund in Zambia ImpactAlpha

The Blended Finance Fund Shaping African Health Care - The Borgen Project

The Blended Finance Fund Shaping African Health Care The Borgen Project

Investor recoups loss on ‘mispresented’ Rasmala trade finance fund - Global Trade Review

Investor recoups loss on ‘mispresented’ Rasmala trade finance fund Global Trade Review

Clara Miller, President, Nonprofit Finance Fund: Supporting the Recovery of Nonprofits - Philanthropy News Digest

Clara Miller, President, Nonprofit Finance Fund: Supporting the Recovery of Nonprofits Philanthropy News Digest

UBS Raises $100 Million for SDG-Focused Blended Finance Fund - ESG Today

UBS Raises $100 Million for SDG-Focused Blended Finance Fund ESG Today

Trade finance fund loses US$21.6mn suit against Trafigura - Global Trade Review

Trade finance fund loses US$21.6mn suit against Trafigura Global Trade Review

Rasmala Trade Finance Fund enters liquidation - Global Trade Review

Rasmala Trade Finance Fund enters liquidation Global Trade Review

Stablecoin invested 99% of reserves in trade finance fund: SEC - Global Trade Review

Stablecoin invested 99% of reserves in trade finance fund: SEC Global Trade Review

Nonprofit Finance Fund names Bhavani Daryanani as CFO - The American Bazaar

Nonprofit Finance Fund names Bhavani Daryanani as CFO The American Bazaar

Nonprofit Finance Fund Welcomes Four New Board Members - citybiz

Nonprofit Finance Fund Welcomes Four New Board Members citybiz

Nonprofit Finance Fund Selects Aisha Benson as CEO and President - PR Newswire

Nonprofit Finance Fund Selects Aisha Benson as CEO and President PR Newswire

People to Know: Diana Turoff - Columbus - The Business Journals

People to Know: Diana Turoff - Columbus The Business Journals

UAE set to announce $30 billion climate finance fund at COP28 -sources - Reuters

UAE set to announce $30 billion climate finance fund at COP28 -sources Reuters

The Finance Fund, land trust building townhomes in Franklinton - The Business Journals

The Finance Fund, land trust building townhomes in Franklinton The Business Journals

Santander trade finance fund head urges calm amid tariff upheaval - Global Trade Review

Santander trade finance fund head urges calm amid tariff upheaval Global Trade Review

Acre Capital’s first export finance fund secures US$100mn - Global Trade Review

Acre Capital’s first export finance fund secures US$100mn Global Trade Review

RapNet and Del Gatto Finance Fund to Provide Diamond Industry Financing - Rapaport

RapNet and Del Gatto Finance Fund to Provide Diamond Industry Financing Rapaport

Nonprofit Finance Fund Awards $9 Million to Performing Arts Organizations - Philanthropy News Digest

Nonprofit Finance Fund Awards $9 Million to Performing Arts Organizations Philanthropy News Digest

Santander AM adds trade finance fund to alternative investment proposition - santander.com

Santander AM adds trade finance fund to alternative investment proposition santander.com

Nonprofit Finance Fund Hires Jana Reed as Chief Operating Officer; Promotes Beth Doreian to Chief Financial Officer - GlobeNewswire

Nonprofit Finance Fund Hires Jana Reed as Chief Operating Officer; Promotes Beth Doreian to Chief Financial Officer GlobeNewswire

AllianzGI launches investment-grade trade finance fund - Global Trade Review

AllianzGI launches investment-grade trade finance fund Global Trade Review

UAE bank seeks to liquidate Rasmala Trade Finance Fund - Global Trade Review

UAE bank seeks to liquidate Rasmala Trade Finance Fund Global Trade Review

Trade finance fund manager wins US$18.6mn judgement against coal mine supplier - Global Trade Review

Trade finance fund manager wins US$18.6mn judgement against coal mine supplier Global Trade Review

LGIM launches short-term alternative finance fund - Professional Pensions

LGIM launches short-term alternative finance fund Professional Pensions

Social Finance Fund-backed Realize Capital Partners reveals first nine investments - BetaKit

Social Finance Fund-backed Realize Capital Partners reveals first nine investments BetaKit

What is the Asia-Pacific Climate Finance Fund (ACliFF)? - Asian Development Bank

What is the Asia-Pacific Climate Finance Fund (ACliFF)? Asian Development Bank

Rasmala trade finance fund hit with investor lawsuit - Global Trade Review

Rasmala trade finance fund hit with investor lawsuit Global Trade Review

Amid investor ‘grievances’, Rasmala Trade Finance Fund goes into liquidation in Cayman - OffshoreAlert

Amid investor ‘grievances’, Rasmala Trade Finance Fund goes into liquidation in Cayman OffshoreAlert

LGIM launches Short-Term Alternative Finance fund - Portfolio Adviser

LGIM launches Short-Term Alternative Finance fund Portfolio Adviser

Public/Private Partnership Builds New Kent State University Hotel & Conference Center - PR Newswire

Public/Private Partnership Builds New Kent State University Hotel & Conference Center PR Newswire

Rasmala denies investor’s claims over suspended trade finance fund - Global Trade Review

Rasmala denies investor’s claims over suspended trade finance fund Global Trade Review

Homes England makes cornerstone investment in new development finance fund - GOV.UK

Homes England makes cornerstone investment in new development finance fund GOV.UK

LH Asian Trade Finance Fund launches new facility - Global Trade Review

LH Asian Trade Finance Fund launches new facility Global Trade Review

SolarZero customers 'secondary' for government finance fund that’s being wound up - The Dominion Post

SolarZero customers 'secondary' for government finance fund that’s being wound up The Dominion Post

MAS partners ADB to set up US$2 billion blended-finance fund - The Business Times

MAS partners ADB to set up US$2 billion blended-finance fund The Business Times

Artistes welcome govt’s film finance fund initiative - The Express Tribune

Artistes welcome govt’s film finance fund initiative The Express Tribune

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