Blog

The Build Fund client, Reveal Properties acquires and restores distressed commercial and multi-family properties in downtown Indianapolis. They have a new tenant, Line+Form Art Center, in their building known as the “pagoda.” Line+Form, founded in June 2016 by Fran Samarripa, is a community art center with a focus on process-based art. They host a varietyRead more

King Park is pleased to welcome Stephanie Quick as our new Director of Real Estate Development. Stephanie will lead the organization in developing, initiating, and implementing real estate acquisitions and dispositions. For more than 10 years, Stephanie has worked in all facets of real estate development for not-for-profit, private, and government agencies with a focusRead more

Owning and operating your own business is part of the American dream, but if it was easy everyone would do it. You need ambition, dedication, and some form of financing. You might have a great product or service that people love, but you need the financial resources to get across the finish line to success.Read more

King Park is pleased to welcome Delena Heath as our new Loan Service Manager. A life-long resident of Indianapolis, Delena spent her formative years living in the King Park neighborhoods. Delena comes to King Park Development Corporation with well over twenty years of office administration and client services experience along with earning a degree inRead more

As the only CDFI solely devoted to supporting economic development in Indianapolis, the Build Fund is committed to generating economic growth in Marion County by connecting businesses to flexible, affordable, and responsible funding. While we hope to strengthen all businesses in the area, we want to create opportunities for those that have traditionally been underserved.Read more

Recently, Build Fund and King Park were featured on Off the Circle, an Indianapolis business podcast. We shared our commitment to transforming and revitalizing Marion County with a focus on Indianapolis. To accomplish this positive impact on our community, Build Fund fulfills niche needs in lending, specifically for businesses that have a difficult time obtainingRead 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

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