The mission of the Development Finance Authority is to implement economic development initiatives that strengthen and diversify the economy of Summit County and Northeast Ohio.
“The Development Finance Authority of Summit County is one of the County of Summit’s key economic development partners. They are able to bring creative financing solutions to both private and public projects, and are also successful at leveraging public-private partnerships to create jobs in our region.”
Summit County Executive
DFA encourages investment in:
- Private-sector economic development
- Governmental and non-profit community development projects
- Public-sector infrastructure projects to generate private-sector investment
The DFA was created to promote projects that create jobs and economic growth. With the powers of a municipal corporation under Ohio law, the DFA brings value to projects through bond and tax credit financing, construction sales tax savings, fixed-rate bond fund financing, capital access and more.