Blog

What would you do if you had $1 million? The Build Fund takes $1 million and turns it into so much more. For every million dollars we invest in local businesses, our investment has doubled the assessed value of borrowers’ real-estate, increasing their values on average by $2 million. As the only Community Development FinancialRead more

The Build Fund recently completed our assessed value analysis and found that many of our borrower’s properties increased in value. This is beneficial for the businesses themselves, but it also means they can contribute more to our local communities; it increases the amount of property taxes that Marion County can collect. Property taxes are aRead more

King Park is pleased to welcome Alex Ervin as our new Financial Portfolio Analyst for the Build Fund. An Ohio native, Alex came to Indiana to attend the O’Neill School of Public and Environmental Affairs (SPEA) at Indiana University Bloomington. He earned his master’s degree in public financial administration and policy analysis. Upon graduating, heRead more

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

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

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