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.
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.
Lorain County Port Authority
226 Middle Avenue, 5th Floor
Elyria, Ohio 44035
Contact: Nicole Finnerty
Development Finance Authority of Summit County
47 North Main Street, Suite 407
Akron, Ohio 44308
Contact: Christopher Burnham