Economic Development

Mayor Nicholas Molnar
Building Commisioner:  Nino Monaco
330.468.8362
City Engineer: Joe Gigliotti/Chagrin Valley Engineering
Director of Finance: John Veres
Fire Inspector: Don Bell
Zoning Inspector: Chris Hall


View Our Businesses of the Month

Nordonia Hills Chamber of Commerce: nordoniahillschamber.org

Community Re-investment Area Program

Summit County receives funding from the U. S. Department of Housing and Urban Development under the CDBG and Home Programs. A tax incentive program available to housing maintenance and economic and community development within certain areas in Macedonia. Residential, Commercial, and Industrial areas may receive up to 15 years tax abatement for remodeling or for new construction under the CRA program.

Community Reinvestment Application (click here)

LOCAL RESOURCES

Department of Development – Summit County
The Summit County Department of Community and Economic Development offers various programs that assist in increasing the quality of life within community.
www.co.summit.oh.us

Development Finance Authority
Development Finance Authority works with executives, economic Development. Fixed-rate Bond Fund Programs; Conduit Financing Programs.
www.developmentfinanceauthority.org/

Akron-Summit County Public Library
Federal domestic financial and other programs. The Ohio Department of Development promotes economic opportunities to improve the community.
https://www.akronlibrary.org/locations/main-library/business-government-division/nonprofit-resource-center

Ohio Business Gateway
Provides financial assistance for training programs. The Ohio Department of Development’s Office…to make available to businesses through its economic development programs.
http://www.business.ohio.gov/

Robert Sprague, State of Ohio Treasurer: For Economic Development program offerings visit: http://tos.ohio.gov/Economic_Development

STATE RESOURCES

Economic Development Programs
Working with communities and businesses, the Department of Development promotes economic opportunities to improve the profits and prosperity of Ohio’s citizens. The Department acting in a support role provides financial, informational, and technical assistance to those making an investment in Ohio’s future.

As a cabinet level agency, the Department oversees a full portfolio of programs including: business attraction and retention, small business growth, technology commercialization, export promotion, travel promotion, energy efficiency, affordable housing, community infrastructure, downtown revitalization and brownfield clean-up.
www.odod.state.oh.us

Clean Ohio Revitalization Fund
Competitive grant fund for the redevelopment of a contaminated site.
www.odod.state.oh.us/ud/CORF.htmOhio Treasurer…GrowNow program. Click here for more information.

FEDERAL RESOURCES

Small Business Administration

Offers direct financing and loan guarantees to small business to invest in real estate and personal property.
www.sba.gov/financing/index.html