Medical Mutual Community Investment Fund of Akron Community Foundation grants $500,000 for economic development in Akron

Akron, Ohio (January 2016) – The Medical Mutual Community Investment Fund of Akron Community Foundation announced a grant of $500,000 to the Development Fund of the Western Reserve (“DFWR”) to support their newly created Targeted Loan Fund. DFWR is an affiliate of the Development Finance Authority of Summit County.

Development Finance Authority of Summit County (DFA)

The Community Development Financial Institutions Fund (CDFI) announces $45 million New Markets Tax Credit award to Development Fund of the Western Reserve.

Development Finance Authority of Summit County (DFA) Rating Confirmed by Standard & Poor’sDFA Jobs & Investment Fund (Bond Fund) Rating confirmed BBB+ with Stable Outlook

DFA Jobs & Investment Fund (Bond Fund) Rating confirmed BBB+ with stable outlook.