Posts Authored by Colin J. Kalvas

Groups work together to create and expand Akron Summit County ESID

The Development Finance Authority of Summit County (DFA), along with Summit County and Akron, Barberton and Coventry Township, teamed up to create and expand the Akron Summit County Energy Special Improvement District (ESID), according to a recent DFA newsletter. The ESID enables property owners “to finance energy efficiency improvements” such as lighting, heating and air conditioning, new windows and roofing through a special property assessment, the newsletter reports. Energy efficiency projects “can be financed in a number of ways,” including through a Northern Ohio Public Energy Consortium (NOPEC) revolving loan fund, “DFA Jobs & Investment Bond Fund and various private lenders.” Summit County Executive Ilene Shapiro said the plan is to continue working “to expand the ESID to all Summit County communities within the next year.” 

 

Regional Updates, State Updates