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Youngstown YMCA
- Type
- New Market Tax Credit
The Youngstown YMCA is renovating nearly 20,000 square feet of its 100 year old downtown Central YMCA creating modified spaces for continuing its transformational work in providing healthy living, youth development, and strengthening families in its downtown community. This project is utilizing $5.5M of Federal New Markets Tax Credits and $2.5M of State New Markets […]
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City of Akron Canal Park Stadium Improvements
- Type
- Community Development
Construction of various improvements to the City of Akron owned Canal Park Stadium including a new scoreboard/video board, LED Lights and associated camera, audio/video and operations equipment to manage and use the new scoreboard/video board, a new left field group seating area, a new right field corner dining area along main street and two sponsored […]
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Akron Civic Theater Restoration
- Type
- Community Development
Akron Civic Theatre is the magnificent jewel in Akron’s downtown revival. Just six months before the stock market crash of 1929, the historic building opened its doors bringing live performances and quality entertainment to the Akron community. After seventy years of community service, Akron’s exquisite landmark was deteriorating. In 2000 the Civic joined forces with […]
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Pepperidge Farms
- Type
- Capital Leases
Pepperidge Farm, Incorporated based in Norwalk, Connecticut is a leading provider of premium quality fresh bakery products. It is a subsidiary of Campbell’s Soup Company. Pepperidge Farm chose to invest $93M for a 227,000 square foot expansion of its facility located in Willard, OH.
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Applications
Jobs & Investment Bond Fund
To apply to the Jobs & Investment Fund through the Development Finance Authority of Summit county, download our application.
Conduit Financing
To apply to the Conduit Financing program through the Development Finance Authority of Summit county, download our application.
New Market Tax Credit (NMTC)
To apply to the New Market Tax Credit program through the Development Fund of the Western Reserve, download our application.
Dev Fund of the Western Reserve
New Market Tax Credit (NMTC)
The New Markets Tax Credit Program was created in 2000 to provide an incentive for private sector investment in development projects and businesses located in economically distressed and low-income communities.
Cleveland International Fund
CiF EB-5 Program
In 2013 Development Finance Authority of Summit County entered into an agreement to bring the Cleveland International Fund (CiF) EB-5 Financing Program into Summit County. For more information or to apply for this financing program, click here.
Property Assessed Clean Energy (PACE)
Property Assessed Clean Energy (PACE) projects $100,000-$500,000 link to Northeast Ohio Public Energy Council (NOPEC) to determine eligibility. To apply to the Akron-Summit County Energy Special Improvement District, download our application.
FEATURED PROPERTY
CornerStone Business Park (Twinsburg)
ABOUT THE DFA
Development Finance Authority of Summit County
Community and economic development bond and tax credit finance specialists serving Summit County and Northeast Ohio.
Akron Resiliency Fund
The Akron Resiliency Fund is a partnership between the City of Akron and the Western Reserve Community Fund. The Fund provides low-cost loans between $10,000 and $70,000 to help stabilize Akron’s small businesses. Long term, this fund will continue in perpetuity, supporting growth in the small business community of Akron while encouraging further investment in our local economy.
Minority Contractor Capital Access Program
The Minority Contractor Capital Access Program (MCCAP) is a collaborative initiative to provide financial and technical assistance to Akron and Summit County-based minority, women, LGBTQ+ Veteran, and Disabled-owned contracting businesses.
