SHIPPING FINANCING ENVIRONMENT RECREATION ABOUT OPPORTUNITIES Development Finance The Cleveland-Cuyahoga Port Authority is a public agency that provides creative and timely financing solutions for economic development projects in Cuyahoga County and beyond. We like to say we move at the speed of business. In partnering with economic developers, government entities and banks, the Port Authority provides creative funding options for projects in the private, non-profit and public sectors. At the Port, we love to talk business. If you have a potential project, reach out and contact us. We look forward to discussing how we can use our unique programs and tools to help you reach your goals. $4.5B Bonds Issued $6.1B Leveraged in Construction 150 Total Projects Since 1993 Financing Options Fixed Rate Gives smaller organizations the ability to borrow money in the capital market at investment grade rates. The program benefits larger businesses that would otherwise find an investment grade rating costly and difficult to maintain. Pooled bond program managed & administered by the Port Authority Financing between $1.5 million and $9 million Financing of fixed assets, land, buildings and select machinery & equipment Fixed interest rates that are based on the taxable or tax-exempt bond rates, which are set when the bonds are sold A- credit rating Providing tax and liquidity advantages to businesses during construction and beyond. Ideally suited for organizations that want to construct a new facility, but may not want to own it during the loan term. The Port Authority can own the facility and lease to the borrower. State sales tax exemptions Lease options customized for project needs Infrastructure Helps municipalities and developers finance public infrastructure improvement projects. Attractive for mixed-use developments. Tax increment and/or special assessment Sales tax exemptions on construction materials Stand-Alone Giving larger businesses access to the capital market on their own credit. Land, buildings, select M&E Taxable or tax-exempt rate options Long-term, 100% financing Structured Providing tax and liquidity advantages to businesses during construction and beyond. Sales tax exemptions on construction materials Lease options customized for project needs $203.5M Contracts Since 2011 $432.1M Contracts Since Inception CONTACT Address: 1100 West 9th Street, Suite 300 Cleveland, OH 44113 Phone Number: 216.241.8004 Email Address: info@portofcleveland.com ABOUT The Port of Cleveland is one of the largest ports on the Great Lakes. Over 20,000 jobs and $3.5 billion in annual economic activity are tied to the roughly 13 million tons of cargo that move through Cleveland Harbor each year. The Port of Cleveland is the only local government agency whose sole mission is to spur job creation and economic vitality in Cuyahoga County. The Port is an economic engine for our community, a key to Northeast Ohio’s global competitiveness, and a crucial partner in building Cuyahoga County’s future. CAPABILITIES Maritime & Logistics | Development Finance | Environment & Infrastructure UPDATES Enter your email address below to stay current with our latest news. © 1968-2021 Cleveland-Cuyahoga County Port Authority All rights reserved. | Privacy | Terms | Legal