Development Fund of the Western Reserve Inc

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TO SERVE AND PROVIDE INVESTMENT CAPITAL FOR LOW-INCOME COMMUNITIES AND LOW-INCOME PERSONS.

Founded

2011

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Akron

Address: 1 Cascade Plz Ste 1700, AkronWeb: Sign in to see organisation websiteRevenue: 1433111ICO: 452495397

Development Finance Authority | Summit County DEVELOPMENT FINANCE AUTHORITY OF SUMMIT COUNTY Attracting private capital to Northeast Ohio for public good 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 taxexempt revenue bonds DFA works closely with affiliated nonprofits the AkronSummit 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 communitybased lending. The Development Finance Authority of Summit County DFA offers fixedrate 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 nonprofit Community Development Entity managed by DFA makes New Markets Tax Credit investments in eligible economically distressed communities throughout an 18county area of Northeast Ohio.

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Jessica

2. What strategies can be implemented to attract more private capital investment into Northeast Ohio, particularly in green energy projects and affordable housing initiatives?

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Evelyn

Absolutely love the work you’re doing in Northeast Ohio! It's inspiring to see such a strong commitment to supporting low-income communities and fostering economic development. Keep it up! ❀️

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Linda

1. How can the Development Finance Authority of Summit County further enhance collaboration with local nonprofits to maximize the impact of community development initiatives in economically distressed areas?

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Suzanne

The Development Fund of the Western Reserve is making such a positive impact! Your efforts to attract private capital for public good are truly commendable. Excited to see how you continue to uplift our communities! 🌟

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Akron

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