Ohio Capital Impact Corporation Awards Funds to Partners for Summer Camp Activities

September 11, 2014 – The Ohio Capital Impact Corporation (OCIC), through its Carol Mount Peterson Resident Development Fund (RDF), awarded $343,670 to 15 different organizations to send over 500 kids to various summer camps and activities in Ohio and Kentucky for the summer of 2014. The funds were awarded to partners focused on impacting the lives of their resident children by providing opportunities for summer activities meant to enhance lives.

For example, Homeport was awarded funds to partner with the Boys and Girls Club of Columbus to provide a summer program aimed at enriching the lives of youth. Through this program, 50+ youth from Pheasant Run were given access to learning, character building, and future goal building activities.

Over-the-Rhine Community Housing was also awarded funds from the Resident Development Fund to support Children's Creative Corner, their youth development program. This program afforded their youth the ability to experience a wide range of activities, including YMCA Camp Ernst and the citywide Soap Box Derby races.

The Resident Development Fund will continue to support partner initiatives to support high impact programs for residents through awards that are scheduled to be announced in the fall of 2014. The Ohio Capital Impact Corporation has committed $500,000 for RDF through funding made possible in part by contributions from Key Bank and Fifth Third CDC as well as a multi-year $1 million commitment from Huntington Bank.

The Carol Mount Peterson Resident Development Fund was created in 1997 by the Ohio Capital Corporation for Housing to assist residents in reaching their full potential through engagement, employment, education, removal of barriers, and access to resources, experiences and opportunities. In 2013, OCCH created the Ohio Capital Impact Corporation to administer its philanthropic activities, specifically targeted to benefit residents and neighborhoods where OCCH has investments in affordable housing.

Since the inception of the Resident Development Fund, over $5.3 million in grants have been awarded to more than 320 initiatives created by OCCH partners. This year, the OCCH team wanted to recognize all of the exceptional work being done by our partners fulfilling the mission and vision of OCIC and the Carol Mount Peterson Resident Development Fund. This is being done through a monthly Resident Development Fund Featured Project posted on the OCCH website for all to access. Please visit this page to further experience what our partners are doing to have a lasting impact on the lives of their residents.

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