The Development Finance Authority of Summit County (DFA) is a specialized organization focused on community and economic development finance in Northeast Ohio. They assist others in obtaining capital that may not be readily available, issuing taxable and tax-exempt revenue bonds, and working closely with affiliated non-profits to provide financing options such as PACE bonds, New Markets Tax Credits, and small business and community-based lending.
The DFA offers a range of financing options for projects throughout the state of Ohio, including fixed-rate bonds, conduit bonds, capital lease, public community development, and Property Assessed Clean Energy (PACE) bonds. They also manage the Development Fund of the Western Reserve, which makes New Markets Tax Credit investments in economically distressed communities, and the Western Reserve Community Fund, which supports community development and job creation through various programs.
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