Akron Community Fund Revitalization Update

The Development Fund of the Western Reserve and Western Reserve Community Fund have closed the JRayl Transport project with loans totaling $1,770,000 ($1.67M from the Akron Community Revitalization Fund and $100K from WRCF). These loans were with the purpose of financing the renovation of JRayl Transport’s headquarters located in a distressed neighborhood of Akron with […]

U.S. Bank and Ohio Capital Corporation for Housing announced today $50,000 in grants to support Development Fund of the Western Reserve’s Akron Community Revitalization Fund

Akron, Ohio (July 2017) – U.S. Bank and Ohio Capital Impact Corporation (OCIC), a non-profit affiliate of Ohio Capital Corporation for Housing (OCCH) announced today $50,000 in grants to support Development Fund of the Western Reserve’s (DFWR) Akron Community Revitalization Fund. Ohio Community Impact Fund donated $25,000 from an investment from U.S. Bank and U.S. […]

Construction Underway On The East End Hilton Garden Inn

Groundbreaking marks start of first new hotel in Akron since 1980.

Development Finance Authority of Summit County (DFA)

DFA partners with Huron County Development Council (HCDC) to assist with Pepperidge Farm plant expansion.

Development Finance Authority of Summit County (DFA)

DFA, City of Akron & University Square Investors II, LLC close financing for University Edge project.

Development Finance Authority of Summit County (DFA) Rating Confirmed by Standard & Poor’s

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

Public/Private Partnership Builds Lorain County Health & Dentistry Facility

Former warehouse renovated to house medical and dental provider for most vulnerable.

Public/Private Partnership Builds New Kent State University Hotel & Conference Center

Opens the door to 472 jobs, economic growth.

Development Finance Authority of Summit County (DFA) Receives Rating Upgrade from Standard & Poor's

DFA Jobs & Investment Fund (Bond Fund) upgraded to BBB+ with stable outlook.

Development Finance Authority of Summit County to Become New Name of Summit County Port Authority

The Summit County Port Authority will become the Development Finance Authority of Summit County at the end of this month. The new name better describes the functions and vision of the organization.