CityWide Development

What CityWide Development does

CityWide Development Corporation is a non-profit economic and community development organization headquartered at 8 N Main Street in Dayton, Ohio, founded in 1972 and operating with approximately 18 staff members. Its mission is to strengthen the Dayton region through three integrated program areas: Lending & Development Finance, Community Development, and Real Estate & Downtown Housing. The organization serves a diversified set of local constituencies including small businesses meeting SBA size standards, property owners and developers, neighborhood commercial corridors, minority and women-owned businesses, and specific Dayton neighborhoods including Fairground, Northwest, Old North Dayton, Wright-Dunbar, and West Dayton.

CityWide's core products span loan programs and large-scale neighborhood initiatives. Lending products include the SBA 504 Loan Program (offered at 5.88%–6.16% fixed rates across 10/20/25-year terms as of May 2026, with loans up to $5M–$5.5M), the PACE Direct Financing Program (minimum $250K for energy efficiency improvements in Montgomery County), the First Floor Fund (up to $300K at 2%–4% for storefront activation), Revolving Loan Funds, and the Source Water Protection Fund. These are delivered through two wholly-owned affiliates: CityWide Small Business Development Corporation (a U.S. SBA Certified Development Company) and Dayton Region New Market Fund, LLC (a U.S. Treasury-certified CDFI and designated CDE, enabling New Markets Tax Credit allocations). Community development initiatives span the Genesis Project (1999), Phoenix/Phoenix Next (2003), DaVinci Project (2011), Wright-Dunbar collaboration (2014), West Dayton Initiative, and Renew Miami Chapel (HUD Choice Neighborhoods, 2016), plus the Downtown Housing Initiative and Tech Town campus.

CityWide's revenue model combines net interest income on loan portfolios, transaction fees (e.g., $500 SBA 504 application fees, $2,500 closing fees, ~2.25% SBA 504 fees financed over loan terms), and grants/partnership funding from government agencies, hospitals, universities, and foundations for community development programs. The organization sells exclusively through direct field sales and partner referrals, with no traditional product distribution or digital go-to-market. It operates under a Board of Trustees with representation from the City of Dayton, regional banks, hospital systems, and community organizations, and has no outside equity or institutional investors — consistent with a mission-driven nonprofit governance structure rather than a venture-backed or PE-owned entity.

Name

CityWide Development

Legal name

CityWide Development Corporation

Website

https://citywidedev.com

Company type

Private

Founded year

1972

Operating status

Operating

Headcount range

11–50 employees

Short description

CityWide Development is a non-profit economic and community development organization founded in 1972 that serves the Dayton, Ohio region. It provides SBA 504 loans, gap financing, PACE financing, and community development programs through affiliated CDFI and Certified Development Company entities.

Ownership category

akta.pro rank

Product category

Economic Development Finance

NAICS

Administration of Housing Programs, Urban Planning, and Community Development (9251)

SIC

Federal & Federally-Sponsored Credit Agencies (6111)

akta.pro primary industry

Community Development & Neighborhood Revitalization (CDBG, Place-Based Initiatives) (BPAIANAE)

akta.pro secondary industries

SBA/Government-Backed & Development Finance Loans (FSAKAGAI), Urban Renewal, Brownfield Redevelopment & Land Reuse (BPAIANAI), National/Regional Development Finance Institutions (DFIs) (FSABAKAB), Urban & Regional Planning (Land Use, Zoning, Master Planning) (BPAIANAD)

Keywords

• Economic development finance
• SBA 504 lending
• Community development lending
• Neighborhood revitalization services
• Downtown housing development

Headquarters

HQ city

Dayton

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Marketing or Sales, Infrastructure

Revenue model

1. Lending & Development Finance Programs: CityWide provides various loan products including SBA 504 loans, gap financing, and commercial loans. Revenue is generated through loan interest payments, origination fees, and closing fees. The organization serves as a CDFI and CDE, offering New Markets Tax Credits through its affiliate Dayton Region New Market Fund, LLC.
2. Community Development Services: Non-profit programs funded through partnerships with government agencies, hospitals, and foundations. Services support neighborhood revitalization, community organizing, and strategic planning.

Pricing tiers

Go-to-market motion3 records

Distribution channels5 records

Marketing channels4 records

Core offering

CityWide Development is a non-profit economic and community development organization that delivers gap financing, SBA 504 loans, PACE financing, First Floor Fund loans, and revolving loan products to small businesses, developers, and property owners in the Dayton region. It also implements comprehensive neighborhood revitalization initiatives (Phoenix, Genesis, DaVinci, Renew Miami Chapel) and real estate projects including the Downtown Housing Initiative and Tech Town technology campus. Programs are channeled through affiliated entities (CityWide Small Business Development Corporation and Dayton Region New Market Fund, LLC) holding CDFI and CDE designations.

Product overview

CityWide Development is a non-profit economic and community development organization serving the Dayton area since 1972, operating three integrated program areas. The Lending & Development Finance division offers financing products including the SBA 504 Loan Program, PACE Direct Financing Program, First Floor Fund, Source Water Protection Fund, and Revolving Loan Funds through affiliated entities (CityWide Small Business Development Corporation and Dayton Region New Market Fund). The Community Development division implements comprehensive neighborhood revitalization initiatives including the Genesis Project (Southeast), Phoenix/Phoenix Next (Northwest), DaVinci Project (Old North Dayton), Wright Dunbar, West Dayton, and Renew Miami Chapel. The Real Estate & Downtown Housing division focuses on the Downtown Housing Initiative and Tech Town technology campus. All programs are designed to complement private sector lenders while addressing Dayton's needs for economic growth and viable neighborhoods.

Differentiator

Problem solved

Functional benefit

Brands

• CityWide Small Business Development Corporation: Certified Development Company (CDC) of the U.S. SBA providing fixed-asset financing through the SBA 504 loan program for commercial real estate and machinery/equipment acquisition.
• Dayton Region New Market Fund, LLC
• Genesis Project
• Phoenix Project
• PACE Direct Financing Program
• First Floor Fund

Products and services

• SBA 504 Loan Program Fixed-rate, long-term financing for fixed assets including commercial real estate acquisition, construction, renovation, and machinery/equipment acquisition for small businesses throughout the Dayton Region through affiliated CityWide Small Business Development Corporation SBA Certified Development Company.
• PACE Direct Financing Program Property Assessed Clean Energy (PACE) financing supporting property owners and developers building or improving properties with eligible energy efficiency improvements targeting Montgomery County, Ohio. Minimum funding threshold of $250,000.
• First Floor Fund Program designed to activate storefronts in vacant or underutilized spaces along neighborhood commercial corridors and Greater Downtown Dayton, providing primary loans and forgivable loans for restaurants, bars, retailers, coffee shops, and personal care services.
• Source Water Protection Fund Unique financing source providing loans, forgivable loans, and grants to eligible businesses with projects that reduce or abate threats to groundwater from normal business activities, as defined by the City of Dayton Source Water Protection Fund Board.
• Revolving Loan Funds Flexible gap financing programs designed to attract and expand business development in the Dayton Region by complementing private sector lenders and offering solutions for various project sizes.
• SBA Business Lending Small business lending delivered through CityWide Small Business Development Corporation, an SBA Certified Development Company providing fixed asset financing via the SBA 504 loan program for commercial real estate and machinery/equipment acquisition.
• Community Development Entity (Dayton Region New Market Fund, LLC) Affiliate entity holding U.S. Treasury Department designation as a Community Development Entity (CDE), enabling access to New Markets Tax Credit (NMTC) allocations; the NMTC Program provides a 39% tax credit over seven years for investments in qualifying low-income communities.
• Community Development Financial Institution (CDFI) U.S. Treasury Department certified Community Development Financial Institution through affiliate Dayton Region New Market Fund, LLC, making commercial loans to businesses making economic differences in the Dayton region and complementing conventional lending resources from banks and credit unions.
• Phoenix Project Comprehensive community development project in Northwest Dayton surrounding Good Samaritan Hospital, encompassing strategic acquisition of distressed properties, community organizing, infrastructure improvements, and real estate redevelopment across Fairview, Sunnyview-Catalpa Park, Dayton View Triangle, and College Hill neighborhoods.
• Genesis Project Comprehensive community development project in Southeast Dayton's Fairground neighborhood, focused on rebuilding and enhancing the neighborhood and Brown-Warren Business District through a multi-decade collaboration with the City of Dayton, Miami Valley Hospital, and University of Dayton.
• Wright Dunbar Initiative Asset-based community collaboration advancing the Greater Wright-Dunbar area in West Dayton through real estate management, redevelopment planning, property marketing, and strategic partnerships.
• Renew Miami Chapel (HUD Choice Neighborhood) Comprehensive community development plan for five West Dayton neighborhoods (Miami Chapel, Lakeview, Pineview, Madden Hills, Edgemont) covering housing, economic/workforce development, and infrastructure improvement strategies developed under HUD's Choice Neighborhoods Program.
• Downtown Housing Initiative Keystone initiative focused on increasing housing units in the Greater Downtown area, targeting vacant buildings along Main Street, and strengthening the marketplace through urban lifestyle principles.
• Tech Town Dayton's technology-oriented destination and campus supporting attraction and growth of high technology businesses and technology commercialization, anchoring the Webster Station Innovation District with state-of-the-art facilities.
• DaVinci Project Comprehensive community development plan covering Old North Dayton and McCook Field neighborhoods including strategic acquisition and demolition of blighted structures, community organizing, traffic circulation improvements, and Valley Street redesign and beautification.

Quantifiable outcome

• Phoenix Project: Nearly $20M invested by partners leveraging an additional $100M in other investments; 80% reduction in major crime; 100+ blighted units taken offline; 33 new homes built; FairviewCommons integrated urban campus with PK-8 school, playground, spray park and family fitness trails
• +2 more outcomes

Named customers4 records

Segments5 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

17 partnerships are on record, tiered core, flagship, major, key and community.

• Premier HealthcoreStrategic or Co-development Partner · 1 January 2017Partnered with University of Dayton in 2017 to purchase and redevelop the 38-acre former Montgomery County Fairgrounds site as OnMain development, with anchor institution commitment to economic development and community interests.
• Greater Dayton Premier ManagementcoreStrategic or Co-development Partner · 1 January 2016Awarded $1.5M HUD Planning and Action Choice Neighborhoods grant in 2016 for Miami Chapel area transformation. Led community organizing effort involving 500+ people resulting in Renew Miami Chapel comprehensive development plan.
• Wright-Dunbar Inc.coreStrategic or Co-development Partner · 1 January 2014Asset-based community collaboration formed in December 2014 with City of Dayton and CityWide to advance the Greater Wright-Dunbar area in West Dayton. Focus areas include real estate management, redevelopment planning, property marketing, and community relationships.
• DaVinci Partners / Dayton Children's HospitalcoreStrategic or Co-development Partner · 1 January 2011DaVinci Collaborative formed in 2011 to create comprehensive community development plan for Old North Dayton and McCook Field Neighborhoods. Led by Dayton Children's Hospital with involvement from CityWide and other stakeholders.
• Good Samaritan HospitalflagshipStrategic or Co-development Partner · 1 January 2003Primary partner in Phoenix Project since 2003. Public-private partnership investing in neighborhoods surrounding Good Samaritan Hospital. Nearly $20M invested by partners, leveraging $100M in additional investments. Partners include CityWide, City of Dayton, Good Samaritan Hospital, and four surrounding neighborhoods.
• Miami Valley HospitalflagshipStrategic or Co-development Partner · 1 January 2000Primary partner in Genesis Project beginning in 2000. Collaboration with University of Dayton, City of Dayton, and CityWide to rebuild and enhance Dayton's Fairground Neighborhood and Brown-Warren Business District.
• CityWide Small Business Development CorporationcoreStrategic or Co-development PartnerAffiliate Certified Development Company (CDC) of the U.S. Small Business Administration providing fixed asset financing through the SBA 504 loan program. Serves as the region's oldest CDC, offering small business lending with fixed-rate financing for commercial real estate and equipment acquisition.
• Dayton Region New Market Fund, LLCcoreStrategic or Co-development PartnerCityWide affiliate holding U.S. Treasury Department designations as both a Community Development Entity (CDE) and Community Development Financial Institution (CDFI). Enables application for New Markets Tax Credit allocations and provides commercial loans for economic development in the Dayton region.
• University of DaytonflagshipStrategic or Co-development PartnerGenesis Project partner focused on neighborhood improvement and economic development along Brown-Warren Corridor. Also partnered on OnMain redevelopment of former Montgomery County Fairgrounds site.
• City of DaytonflagshipStrategic or Co-development PartnerMunicipal partner across multiple initiatives including Genesis Project, Phoenix Project, HUD Choice Neighborhood Planning Grant, Wright-Dunbar collaboration, and general economic and community development programs.
• Department of Housing and Urban Development (HUD)majorOthersFederal agency providing Choice Neighborhoods Planning Grant. Plan was adopted by HUD and Dayton City Commission proposing redevelopment of antiquated public housing as platform for community change.
• Miller Valentine ConstructionkeyStrategic or Co-development PartnerMajor development construction partner. Dave Dickerson, President of Midwest Business Development at Miller Valentine Construction, serves on CityWide Board of Trustees.
• U.S. Treasury Department (CDFI Fund)coreOthersFederal agency providing CDFI certification and CDE designation to Dayton Region New Market Fund, LLC, enabling access to New Markets Tax Credits and community development financing programs.
• U.S. Small Business AdministrationcoreOthersFederal agency that certifies CityWide Small Business Development Corporation as a Certified Development Company (CDC) for SBA 504 loan program delivery.
• Five Rivers Health CenterscommunityStrategic or Co-development PartnerHealthcare provider partner represented on CityWide Board through Gina McFarlane-El, CEO, serving on Board of Trustees.
• Greater Dayton RTAcommunityStrategic or Co-development PartnerRegional transportation authority partner represented on CityWide Board through Bob Ruzinsky, Chief Executive Officer.
• Miami Valley Urban LeaguecommunityStrategic or Co-development PartnerUrban League partner represented on CityWide Board through Nikol Miller, Executive Director.

Scale indicators5 records

Recent moves6 records

Expansion highlights6 records

Regional players

• Downtown Dayton Partnership: Dayton-based nonprofit focused on downtown economic development and revitalization. Comparable in mission (downtown housing, commercial corridors) and geography, though Downtown Dayton Partnership emphasizes district management and marketing rather than direct lending.
• Dayton Development Coalition: Regional economic development organization supporting business attraction, retention, and expansion in the Dayton region. Adjacent as a regional economic development peer focused on growth strategy, with overlapping government and institutional partner relationships.

Direct peers

• Coastal Enterprises Inc (CEI): CDFI and community development financial institution serving underinvested regions with small-business loans, NMTC programs, and consulting. Directly comparable as a regionally concentrated CDFI combining gap financing, SBA lending, and place-based revitalization.
• IFF: Regional CDFI providing real estate and equipment loans to nonprofits, schools, and developers in the Midwest. Directly comparable as a mission-driven development lender offering gap financing and SBA-style loan products for community-impact projects.
• Capital Impact Partners: National CDFI delivering loans, equity, and capacity-building to support underserved communities, including health, housing, and economic development. Comparable as a community-development lender with overlapping product set and target borrowers.
• National Development Council: National nonprofit economic development organization providing SBA 504 lending through certified development companies, alongside community development programs. Highly comparable as a peer CDC/CDFI operator offering SBA 504 and revolving loan products.
• The Reinvestment Fund: National CDFI providing flexible capital, loans, and community development financing for housing, real estate, and economic development projects. Directly comparable as a multi-product, mission-driven development finance institution serving similar borrowers and projects.
• Finance Fund: Ohio-based CDFI providing loans and development finance for nonprofits, small businesses, and community facilities. Comparable as an Ohio-focused peer providing similar SBA-related and gap financing products in overlapping or adjacent geographies.

Broad incumbents

• LISC (Local Initiatives Support Corporation): One of the largest national CDFIs supporting community development through lending, equity, and technical assistance. Comparable as a place-based economic development lender, though LISC operates nationally and at far greater scale than CityWide's regional footprint.
• Enterprise Community Partners: National nonprofit that finances affordable housing and community development via loans, tax-credit equity, and grants. Comparable in mission (housing + community development finance) and product breadth, but operates across multiple states with a much larger balance sheet.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights6 records

Customer concentration

• Xx.com/citywidedayton

Revenue estimate

Valuation estimate

Number of profiles

Profiles17 records

Subsidiaries2 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about CityWide Development