The Development Finance Authority of Summit County (DFA) specializes in community and economic development finance, primarily focused on Northeast Ohio, by assisting others in obtaining capital that might not otherwise be available. In addition to issuing taxable and tax-exempt revenue bonds, DFA works closely with affiliated non-profits: the Akron-Summit County Energy Special Improvement District (ESID) enables DFA to issue PACE bonds; the Development Fund of the Western Reserve (DFWR) allocates New Markets Tax Credits; and the Western Reserve Community Fund (WRCF) provides small business and community-based lending.

The Development Finance Authority of Summit County (DFA) offers fixed-rate bonds, conduit bonds (private activity, capital lease, public community development, and Property Assessed Clean Energy (PACE) bonds for projects throughout the state of Ohio.

The Development Fund of the Western Reserve (DFWR), a non-profit Community Development Entity managed by DFA, makes New Markets Tax Credit investments in eligible economically distressed communities throughout an 18-county area of Northeast Ohio.

The Western Reserve Community Fund (WRCF), a non-profit Community Development Financial Institution (CDFI), supports and furthers community development and job creation. WRCF programs include the Minority Contractor Capital Access Program, the Akron Resiliency Fund, and the Summit County Affordable Housing Trust Fund.

DFA offers Property Assessed Clean Energy financing, which enables property owners to make lighting, roof, HVAC, and window improvements. To use PACE, a community must be part of an Energy Special Improvement District (ESID); DFA, in collaboration with Summit County, is the administrator of the Akron - Summit County ESID.

Please let us know how we may best assist you by completing the inquiry form.

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