Akron Community Revitalization Fund

New Markets Tax Credit Coalition

Cleveland,
(2017)

Akron Community Revitalization Fund

Loan Fund

Investment

NMTC Amount: $4,900,000
Total Project Cost: $5,505,358

IMPACT

25 FTE jobs

CDEs

Northeast Ohio Development Fund

Investor

Unknown

Project Description

The Akron Community Revitalization Loan Fund helps enable business development projects in distressed census tracts and urban areas in Akron. DFWR, contracted with Cleveland-based Village Capital Corporation, applied its development finance expertise to select and explore promising urban revitalization projects.

MAP

Address: 4700 Heidtman Parkway, Cleveland,

Census Tract: 39035110901

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