Ohio Stories and Data

Ohio Stories

OFN Story: Ohio Veterans Expand Healthcare Access in Their Community With CDFI Investment
OFN Story: Rural CDFI Uses Innovative Financing to Scale Local Manufacturing Business
A rural manufacturing business received CDFI financing to purchase more equipment and hire additional staff to meet the demand of new contracts.
Ebony Young
Owner of PinPoint Bookkeeping, LLC in Cincinnati, Ohio
Prospect House | Neighborhood Development Services
Neighborhood Development Services (NDS) recently closed a $752,482 permanent loan with NeighborWorks Capital for Prospect House in Ravenna, OH. By refinancing at an affordable interest rate, NDS will be able to keep 66 apartments affordable for low- and very low-income seniors. NDS purchased and rehabilitated the property in 2007 using LIHTC equity and state/local subsidy loans, which have been maintained through this refinancing.

Ohio Fact Sheet

Testimonials

As a consulting firm working closely with CDFIs and economic development partners across the country, SBC Small Business Consulting supports [CDFI Fund appropriations]. The clarity and continuity of these federal programs are critical for ensuring small businesses in underserved communities receive the technical assistance and capital they need to grow. We appreciate the Treasury’s commitment to supporting CDFIs and encourage swift action to maintain momentum in local economic development efforts.

-Kyle mason, SBC Consulting, Columbus, OH

CDFIs were a critical component to our funding stacking. Allowing us to triple our occupancy and better meet our vision of a world where every family has what they need to ensure the best health outcomes for their children.

-Rita Cyr, RMHC Dayton, Dayton, OH

We strongly support continued investment in CDFIs because they empower local economies, create pathways to homeownership and entrepreneurship, and help communities thrive. By ensuring the sustainability and growth of CDFIs, we can continue our mission to help members bank with dignity and build a stronger financial future for all.

-Dawn Lamb, Commodore Perry Federal Credit Union, Oak Harbor, OH

Map of Ohio CDFI Branches and Stories