CUSTOMIZING SOLUTIONS THAT HELP OHIO ENTERPRISES EXPAND AND INVEST IN NEW FACILITIES
The Port Authority is a catalyst for economic development and job creation in our region, providing cost-effective access to capital for development, redevelopment and expansion of facilities. We have the financial expertise and statutory powers to be resourceful and provide customized solutions.
Since 1993 more than 70 companies, developers, local governments, and nonprofits have collectively secured nearly $2 billion through the Port’s Development Finance program for projects that range from the Rock and Roll Hall of Fame and Museum to the Flats East Bank development.
We also operate the Cuyahoga Manufacturers’ Assistance Program to provide flexible options tailored to the needs of manufacturers, and we’re a sponsor of New Markets Tax Credits, a program that supports redevelopment in distressed communities.
- Fixed Rate
- Structured Leasing
- Infrastructure Financing
Benefits Can Include
Longer Terms, Lower Fixed Interest Rates, Lower Costs for Construction Materials, and Construction / Renovation of Facilities with Lease Ownership Opportunities
See highlights of projects the Port has financed across Northeast Ohio
See full list of projects financed