Inaugural loan from new CFFA program will fund community center

The Columbus-Franklin County Finance Authority (CFFA)’s newest offering, the Neighborhood Improvement and Small Business Loan program, has granted its first loan to Community Development for All People to acquire and renovate a Parsons Avenue building that will provide “a much-needed community center,” according to a CFFA press release. In that release, CFFA President Jean Carter Ryan said the $367,000 loan “perfectly fits the program’s objective of stimulating investment in areas of need and serving a greater community purpose.” John Edgar, Executive Director of Community Development for All People, said the building will offer classrooms for remote learning and internet-connected computers to facilitate online job applications and telemedicine appointments. For more, read the full news release.

Economic Development, Project Finance, State Updates