News & Events

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.

Rep. Tim Ryan Congratulates Summit County Port Authority on $20 Million New Markets Tax Credit Allocation

Award will enable Port Authority to encourage investment in regional economic development.

Senator Sherrod Brown

Brown: New federal resources will help Summit County Port Authority create jobs and promote economic growth.

Summit County Port Authority Develops Strategic Plan

Plan developed with experts from CDFA and included more than 40 interviews.

Foreign-Trade Zones Board Approves NEOTEC’s Alternative Site Framework Application

Eases process for companies receiving zone status; one new site and one expansion added to the zone.

FirstEnergy and the Ohio Manufacturers' Association Reach Agreement

Agreement will provide $7.5 million for jobs and business expansion.

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.