1704 Bellefontaine St., Indianapolis, IN 46202

Build Fund Awarded $350,000 from U.S. Department of Treasury’s CDFI Fund

Build Fund is pleased to announce that is has been awarded $350,000 from the U.S. Department of Treasury’s Community Development Financial Institution Fund (CDFI Fund). We are particularly grateful to Merchants Bank of Indiana, which provided Build Fund with a grant to aid in the application process. The Build Fund, established in 2015, has already loaned nearly $3.25 million to small businesses all over Indianapolis. The award from CDFI Fund will allow us to expand our small business lending with particular emphasis on funding women, minority, and veteran-owned businesses. Less than 50% of all applicants were funded and the Build Fund is one of only 47 small/emerging CDFIs to receive a grant. We look forward to continuing to support small businesses creating employment opportunities in Indianapolis.

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