New Markets Tax Credit Coalition

  • Cleveland,
  • (2017)

Akron Community Revitalization Fund

District: James Jordan (R-OH04)

Investment

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

IMPACT

  • 25 FTE jobs

CDEs

Investor

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.

External Profile

MAP

Address: 4700 Heidtman Parkway, Cleveland,

Census Tract: 39035110901

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