Blog

The Build Fund staff have finished conducting annual borrower visits. The visits gave staff the opportunity to tour borrowers’ facilities as well as see what equipment was purchased and  improvements made with Build Fund funds. We had the pleasure of touring everyone’s facilities first hand, not only seeing the positive impact each business has hadRead more

A recipient of a Build Fund loan, Ash & Elm, led by husband and wife duo Andrea and Aaron Homoya, opened their doors in 2016. Located on the near east side in the Neidhammer building, Ash & Elm offers a variety of ciders daily and releases a small-batch cider monthly. Ash & Elm enjoyed anRead more

Build Fund would like to congratulate Cannon Ball Brewing Company on being one of Indianapolis Monthy’s Best Restaurant 2018 Winner!  The craft brewery and gastropub located in the Kennedy-King neighborhood was one of only 25 restaurants throughout Indianapolis that was chosen. “We were so excited to be included, it brings all this attention to theRead more

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