Closing “Missing Middle” Financing with JobsOhio’s Growth Fund Loan Program

Small and mid-sized companies represent most of a community’s economic and workforce landscape and many of these companies are borne out of innovation of local entrepreneurs. While much attention is given to building a local entrepreneurial support system where new businesses can create innovative products or services and bring them to market, pivoting from a […]

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Ohio Statehouse Update: A turn towards fall brings economic development reform into focus

Fall in Ohio doesn’t just mean the return of football, it also signals the return of the Ohio General Assembly from their summer break. The return of the legislature brings with it the focus on a number of bills which might not grab headlines but are important policy reforms which will continue to make Ohio

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CDFI Fund awards $5 billion in New Markets Tax Credits to 100 Allocatees

Special Guest Story by: Rohit Kejriwal Scarlet Oak Capital Impact The Community Development Financial Institutions Fund of the U.S. Department of Treasury awarded 100 Community Development Entities (CDEs) $5 billion in New Market Tax Credits (NMTCs) in September 2021. Of the 100 CDEs which won a NMTC Allocation, 71 have a national or multi-state footprint,

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Funding Civic Projects Through a Combined Lobbying Campaign for State Ohio Capital Budget and Federal Earmark Funding

Community civic projects are always searching for funding sources. Gaining funding from multiple sources is now commonplace as rarely does on pot of funding have enough money to complete transformational projects in urban or rural communities.  Two civic project funding sources, the state of Ohio Capital Budget Community Project legislation and the federal budget earmark

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