IN BUSINESS MAGAZINE interviewed FCI President Salli Martyniak.
FCI president, Salli Martyniak, was recently interviewed for an article in In Business Magazine about nonprofits and how they are weathering the economic downturn.
In the article Salli says, "..nonprofits has just been huge in terms of there being a safety net in communities and so forth,” said Martyniak. “But the one thing that we’re seeing, and what we’ve seen in the past, is the fact that nonprofits are accepting that role, and even though their equity or reserves were dwindling in some cases, they were still looking at how they could actually increase services to the populations that they serve."
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Quotes
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“FCI finds ways to finance projects that no others can. I truly believe you are all unique and outstanding.”
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"The predevelopment loan from Forward Community Investments made affordable development possible in times when capital is difficult to find."
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"With affordable financing and a progressive mission that aligns with ours, Forward Community Investments has been a great fit.”
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"Without Forward Community Investments and a willingness to provide non-traditional financing, we would not be able to provide these programs.”
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"The workshop definitely helped to increase our awareness of capacity building, and the online self-assessment tool that was presented will be a great asset in making our program more effective.”
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"I think Forward Community Investments is truly a partner because a partner picks up where you leave off. It was fairly straightforward.”
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“Financing from Forward Community Investments allows us to make a greater impact on low-income and no-income families in Wisconsin.”
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In addition to providing us with a $60,000 loan for predevelopment expenses, Forward Community Investments facilitated the transfer of more than $5 million in New Market Tax Credits to this project. This access to capital meant that we were able to reach our goal earlier than expected – saving us valuable time and money.”
