Blog

A mother to three children, Jennie spent some time as a stay at home Mom, taking a hiatus from employment while doing volunteer work. When she went to return to work, however, getting a foot in the door proved to be a greater challenge than she anticipated. “I spent a year sending out resumes andRead more

We are happy to welcome our newest hire, Louisa Varo! Louisa joins the King Park team as a Loan Services Manager for the Build Fund. Growing up in Columbus, Indiana, Louisa was surrounded by architecture, which gave her an appreciation for unique buildings and spaces. She received her undergraduate degree at Indiana University Bloomington whereRead more

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 alreadyRead more

Opening their doors in the fall of 2013, Shoefly Public House is a full-service restaurant owned by a Craig and Kait Mariutto. As lovers of food and community, Craig and Kati wanted to create a family-friendly neighborhood pub that brings both together in one spot. Since receiving the Build Fund loan, Shoefly has been ableRead more

Located right next to our office, Cannon Ball Brewing Company opened its doors on November 11, 2016 in the Kennedy King neighborhood of King Park. Cannon Ball is a brewpub that brings together thoughtful beer, delicious food, and a sense of community to a great little corner of downtown Indianapolis. The owners of Cannon Ball,Read more

We’re happy to announce that we closed a loan with Roka Realty, LLC on June 8th, 2017. The Build Fund lent $374,794 to Roka for the acquisition of a vacant and unused building that will help support Roka’s mission to create an urban farm that utilizes hydroponics to efficiently and cost effectively grow highly nutritious organicRead more

During the first grant round of 2017, The Indianapolis Foundation announced it awarded King Park Development Corporation $60,000 to support the Build Fund and economic development initiatives in Indianapolis. As the only CDFI devoted to supporting economic development in Indianapolis, the Build Fund provides flexible and affordable funding to create jobs in underserved communities. SinceRead more

Exclusively Focused on Growing Small Businesses in Indianapolis Indianapolis, IN – The Build Fund, a loan fund operated by King Park Development Corporation (King Park), announced today it is officially certified as a Community Development Financial Institution (CDFI). The Build Fund is currently the only CDFI exclusively devoted to supporting economic development in Indianapolis. “ReceivingRead more

In early September, the Build Fund was featured by TechPoint, an organization that works to promote and accelerate the growth of Indiana’s tech community through strategic community programs and initiatives led by an elite group of board members. TechPoint recognized the Build Fund by reporting on its effort to strengthen business in Indianapolis through mission-drivenRead more

On June 29th, we will celebrate the one-year anniversary of the Build Fund and announce a significant investment by Merchants Bank of Indiana. Launched in 2015 by King Park Development Corporation, the Build Fund provides flexible, affordable, and responsible capital to small businesses in Indianapolis. As a mission-driven lender, the Build Fund leverages grant fundingRead more