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 […]
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. […]
Groundbreaking marks start of first new hotel in Akron since 1980.
DFA partners with Huron County Development Council (HCDC) to assist with Pepperidge Farm plant expansion.
DFA, City of Akron & University Square Investors II, LLC close financing for University Edge project.
DFA Jobs & Investment Fund (Bond Fund) Rating confirmed BBB+ with stable outlook.
Former warehouse renovated to house medical and dental provider for most vulnerable.
Opens the door to 472 jobs, economic growth.
DFA Jobs & Investment Fund (Bond Fund) upgraded to BBB+ with stable outlook.
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.