Finance Fund works with non-profit community-based organizations to support projects that aim to meet the needs of low- and moderate-income communities in Ohio. Their mission focuses on enabling these nonprofits with the necessary seed funding to assess the feasibility of their projects or to advance them, ultimately striving to create a better quality of life in economically distressed urban and rural areas.
The grant program offered by Finance Fund is geared towards non-profit organizations seeking seed funding to either determine the feasibility of their projects or to propel them forward. Specifically, the grants support economic development projects that are self-sustaining, with an emphasis on creating permanent private sector jobs to strengthen the economic foundation of an area. These projects should benefit low- and moderate-income communities in Ohio. Grants, which can amount up to $100,000, are allocated for hard construction costs and the purchase of fixed assets, including real estate, machinery, equipment, furniture, and fixtures.