The Development Finance Authority of Summit County, established to support economic growth in the region, is located in Akron, Ohio. It primarily focuses on providing financial assistance through various funding mechanisms, including tax-exempt bonds, to promote local projects and foster community development.
| Bond Name | Country | Maturity | Coupon(%) | |
|---|---|---|---|---|
| SUMDEV 6.00% 2048-11-01 USDDevelopment Finance Authority of Summit County | United States | 2048-11-01 | 6.000 | 6.39 |
Company overview and issue history are AI generated, and should not be cited or relied on without verification.
Since its inception, the Authority has issued bonds totaling over $300 million, with notable issuances such as the 2009 bond series that financed infrastructure improvements for local businesses. Current yields for their municipal bonds are competitive within the market, appealing to retail investors. The Authority has recently gained attention for its innovation in green bonds, further enhancing its portfolio while contributing to sustainable initiatives in Summit County.