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 by Finance Fund is aimed at getting non-profit projects off the ground, specifically targeting organizations that need seed funding to either assess the feasibility of a project or advance it. The grants primarily support projects that address the needs of low- and moderate-income communities in Ohio, with a special emphasis on enhancing the quality of life in these areas. One of the key grant categories mentioned is the Predevelopment Grant, which offers up to $30,000 for a range of preparatory activities such as feasibility and market studies, business plans, architectural drawings, and more, especially for projects that include an affordable housing component.