Blog

King Park is excited to announce that both the Build Fund and the Edge Fund received grant awards from the U.S. Department of the Treasury’s Community Development Financial Institutions (CDFI) Fund. The CDFI Fund makes grant awards to CDFIs to help them sustain and expand their financial products and services. Grant awards can be usedRead 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

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

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