Development & Finance
Catalyzing investment and opportunity along Lorain’s Lake Erie waterfront through brownfields remediation, property financing, and strategic development partnerships.
Financing & Projects
The LPFA is an independent lender offering creative financing solutions for capital projects in Lorain and surrounding areas — from industrial development to energy improvements.
- $144M+
- Bonds issued
- 22
- Projects financed
- 1967
- Established
PACE Energy Loans
Low-cost, long-term financing for energy efficiency and renewable upgrades on commercial properties, repaid through a voluntary property assessment.
Learn more about PACE- Loan size
- $100,000 to $500,000
- Fixed rate
- 2.5%–4%
- Term
- up to 25 years
More ways we finance
Construction Financing
Short-term financing for commercial, industrial, and residential construction within the port district.
Conduit Financing
Tax-exempt bond issuance providing access to lower interest rates for qualified developments.
Special Assessment
Infrastructure financing repaid through special assessments on benefiting properties.
Opportunity Zones
Designated zones offering tax incentives for qualified investments in our community.
Ready to Invest in Lorain?
Whether you’re interested in a brownfields site, development financing, or a partnership opportunity — our team is here to help.