Blog

What do a systems engineer, an illustrator, and a fitness coach have in common? These are all jobs that the Build Fund has helped create. As the only Community Development Financial Institution (CDFI) solely devoted to supporting economic development in Indianapolis, the Build Fund connects businesses to flexible, affordable, and responsible funding. These businesses, inRead more

Tiffany Wheatley, Owner and Head Trainer of FGN Fitness, has been living and breathing fitness for nearly 20 years. She’s been an athlete all her life, and her love of competing led her to play sports in college. After that, she moved on to play professional softball and women’s professional football. Unfortunately, an injury endedRead more

The Build Fund helps foster economic development by providing lending to businesses who then, in turn, offer local job opportunities. Those that work for the businesses that the Build Fund assists create lasting and positive impact in their communities with the services that they provide. Cannon Ball Brewing Company, one of the Build Fund’s clients,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

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

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

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

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