Community First Fund appoints Schankweiler as new board chairman

David Schankweiler, the founder and past CEO of the Business Journal's former parent company, has been named new board chairman at Community First Fund in Lancaster. - (Photo / Submitted)

Lancaster-based Community First Fund, a nonprofit lender serving low-income communities, has named a new board chairman.

David Schankweiler, the founder and past CEO of Journal Multimedia, the Business Journal’s former parent company, has been appointed to the post. He replaces Eric Menzer, president of York Professional Baseball, who will continue to serve as a member of the board.

Schankweiler has served since 2010 on the Community First Fund board.

The growing organization covers Central and Eastern Pennsylvania. Since 1992, the organization has made more than 1,600 loans and investments totaling more than $207 million.

Community First Fund is one of two local organizations operating through the New Markets Tax Credit program, a federal initiative designed to stimulate investment and economic growth in low-income urban neighborhoods and rural communities.

Jason Scott
Jason Scott covers state government, real estate and construction, media and marketing, and Dauphin and Cumberland counties. Have a tip or question for him? Email him at jscott@cpbj.com.

CPBJ Business Events

2019 Harrisburg Wine Festival

Friday, May 03, 2019
2019 Harrisburg Wine Festival

2019 Healthcare Symposium

Friday, May 10, 2019
2019 Healthcare Symposium

2019 Women of Influence

Monday, June 24, 2019
2019 Women of Influence

2019 Real Estate & Development Symposium

Wednesday, August 07, 2019
2019 Real Estate & Development Symposium