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Loan Loss Reserve Program

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The Loan Loss Reserve program offers credit enhancement of up to 50% of a qualified energy efficiency project on an existing structure. Ohio Port Authorities originate loans for projects that make businesses’ and nonprofits’ facilities more energy efficient. 

How to apply

Contact a participating port authority for more information and to apply. Interested parties may reach out to any of the ports listed below, regardless of their geographic orientation.

Eligibility

Both for-profit entities and non-profit entities are eligible to apply for loans. Eligible projects will be able to demonstrate a savings of 15% or more on an energy measure, and demonstrate a simple payback period of 15 years or less.  Interested parties can contact participating port authorities for details on project eligibility.

Participating Ports

Port of Greater Cincinnati Development Authority
3 East 4th Street, Suite 300
Cincinnati,Ohio 45202
(513) 621-3000
cincinnatiport.org
Contact: Greg Hahn
GHahn@cincinnatiport.org

Cleveland-Cuyahoga County Port Authority
1100 West 9th Street, Suite 300
Cleveland, Ohio 44113
(216) 377-1335
portofcleveland.com
Contact: Rhonda Winslow
rhonda.winslow@portofcleveland.com

Columbus-Franklin County Finance Authority
350 East First Avenue, Suite 120
Columbus,Ohio 43201
(614) 427-0394
columbusfinance.org
Contact: Patty Huddle
PHuddle@columbusfinance.org

Dayton-Montgomery County Port Authority
8 North Main Street
Dayton, Ohio 45402
(937) 853-2535
daytonport.com
Contact: Joe Geraghty
joe@daytonport.com

Lake Development Authority
One Victoria Place, Suite 265A
Painesville, Ohio 44077
(440) 350-5343
ldauthority.org
Contact: Patrick Mohorcic
pmohorcic@ldauthority.org

Lorain County Port Authority
226 Middle Avenue, 5th Floor
Elyria, Ohio 44035
(440) 328-2336
lcportauthority.org
Contact: Nicole Finnerty
nfinnerty@loraincounty.us
or
(440) 328-2326
James Miller
jlmiller@loraincounty.us

Development Finance Authority of Summit County
47 North Main Street, Suite 407
Akron, Ohio 44308
(330) 762-4776
developmentfinanceauthority.org
Contact: Christopher Burnham
chris.burnham@developmentfinanceauthority.org
or
Lori Sallaz
lori.sallaz@developmentfinanceauthority.org

Toledo-Lucas County Port Authority
One Maritime Plaza, Suite 701
Toledo, Ohio 43604-1866
(419) 243-8251
toledoportauthority.org
Contact: Kevin Moyer
kmoyer@toledoportauthority.org