Toledo-Lucas County Port Authority 🚢
The Toledo-Lucas County Port Authority (TLCPA) is a highly diversified agency that serves as a vital economic development partner for Northwest Ohio. While it manages the Port of Toledo and the Toledo Express Airport, its most impactful services for businesses across the region are its financing and development programs.
The TLCPA is a critical resource for:
- Financial Assistance: Administering economic development programs that provide low-interest loans, bond financing, and specialized funding for real estate projects, capital equipment purchases, and job creation (e.g., Northwest Ohio Bond Fund, Northwest Ohio Regional Growth Fund). These programs can be utilized by qualifying projects throughout the Northwest Ohio region.
- Property Development: Utilizing its authority to help manage and develop industrial and commercial property projects, often leveraging its tax advantages to facilitate significant corporate expansion.
- Logistics & Trade: Providing expertise and direct services for businesses engaged in Great Lakes shipping and logistics, making it a key connection point for international trade.
Link: https://www.toledoport.org/