Akron Community Revitalization Fund

Investment

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

IMPACT

  • 25 FTE jobs

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.

MAP

Address: 4700 Heidtman Parkway, Cleveland,

Census Tract: 39035110901

Other Ohio Projects

The NMTC supported a new vocational training center serving Darke County.

Saberlogic, Inc. is a software developer which provides ERP integrations to enhance shop floor productivity and improve efficiency in make-to-order manufacturing operations. This project provided working capital to support additional

Major update of YWCA Dayton centers on trauma-informed care.
Renovation of a vacant, former school as its new 57,000 SF headquarters, training and production facility located in Hough/Midtown neighborhood in Cleveland, OH.