What Dayton/Montgomery County Port Authority does

The Dayton/Montgomery County Port Authority is a public government entity established in 1998 under Ohio law by the City of Dayton and Montgomery County to facilitate economic and community development across 11 counties in southwest Ohio. The organization provides long-term, fixed-rate financing for real estate development, adaptive reuse of existing buildings, public infrastructure improvements, energy efficiency upgrades, and company or nonprofit expansions. Its primary product is the Southwest Ohio Regional Bond Fund (SWORBF), through which it issues S&P A- rated bonds for eligible projects; secondary products include a Property Assessed Clean Energy (PACE) financing program (typical loan size over $250k, 10-25 year terms), capital lease transactions that create sales tax exemptions on construction materials, conduit bond issuance for 501(c)(3) and other tax-exempt borrowers, and financing for public improvements using tax increment financing or special assessments.

The Port Authority operates with a small staff led by Executive Director Joseph M. Geraghty and headquartered at 8 N. Main St., Dayton, Ohio. Revenue is generated through bond issuance fees, administrative fees, and interest on financing arrangements rather than through recurring SaaS or subscription pricing. Its go-to-market is relationship-based: transactions originate through referrals from regional economic development organizations (Dayton Development Coalition, JobsOhio, CountyCorp, CityWide Development), local governments, and direct outreach to project sponsors. The entity is governed by a Board of Trustees appointed by the City of Dayton and Montgomery County. Notable completed transactions include up to $40 million in lease revenue bonds for a 728,000 square foot industrial warehouse in Vandalia, an $8.4 million Delco parking garage financing in downtown Dayton, a nearly $16 million affordable apartment development in West Dayton with Dublin Capital Group and CountyCorp, and capital lease deals supporting Midmark and Sierra Nevada Corporation expansions. The customer base spans manufacturing, healthcare, defense/aerospace, education, senior care, and nonprofit sectors, with no AI or proprietary technology component to the business.

Name

Dayton/Montgomery County Port Authority

Legal name

Dayton/Montgomery County Port Authority

Website

https://daytonport.com

Company type

Private

Founded year

1998

Operating status

Operating

Headcount range

1–10 employees

Short description

The Dayton/Montgomery County Port Authority is a public Ohio government entity, founded in 1998 by the City of Dayton and Montgomery County, that provides long-term fixed-rate bond financing, PACE energy efficiency loans, capital leases, and conduit bond issuance to support economic development across 11 southwest Ohio counties.

Ownership category

akta.pro rank

Product category

Public Economic Development Financing

NAICS

Administration of Housing Programs, Urban Planning, and Community Development (925)

akta.pro primary industry

Public Works & Municipal Infrastructure (Streets, Stormwater, Facilities) (BPAIACAF)

Keywords

• Economic development financing
• Tax-exempt bond issuance
• Conduit bond financing
• PACE energy financing
• Capital lease financing

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, Others

Revenue model

1. Bond Issuance and Conduit Financing: The Port Authority generates revenue by issuing bonds and serving as a conduit bond issuer for various transactions. Revenue is derived from bond issuance fees, interest on financing arrangements, and administrative fees associated with managing financing packages for economic development projects.
2. PACE Financing Interest: Property Assessed Clean Energy (PACE) Direct program provides financing for energy efficiency improvements. Repayments are made through special assessments on property tax bills over 10-25 years. The Port Authority earns interest income on these financing arrangements.

Pricing tiers

Go-to-market motion1 record

Distribution channels4 records

Marketing channels3 records

Core offering

The Dayton/Montgomery County Port Authority is a public government entity that provides long-term fixed-rate financing for real estate development, adaptive reuse, public improvements, energy efficiency upgrades, and company/organization expansion projects throughout the Dayton region. It operates programs including the Southwest Ohio Regional Bond Fund, a PACE (Property Assessed Clean Energy) program, capital lease financing with sales tax benefits, and conduit bond financing for qualifying borrowers.

Product overview

The Dayton/Montgomery County Port Authority operates as an economic development financing organization with two primary product lines: the Southwest Ohio Regional Bond Fund (SWORBF) for direct bond issuance and the PACE Program for energy efficiency financing. Supporting programs include Capital Lease financing for sales tax benefits, Tax Exempt Bond Conduit financing for nonprofits and qualifying manufacturers, Public Improvements financing, and Real Estate Acquisition/Development services. The organization serves Montgomery County and the greater Dayton region, offering financing for projects typically exceeding $1 million, with a focus on job creation, capital investment, and regional economic growth.

Differentiator

Problem solved

Functional benefit

Products and services

• Southwest Ohio Regional Bond Fund (SWORBF)

Quantifiable outcome

• 147 new jobs created through Sierra Nevada Corporation aircraft maintenance facility
• +2 more outcomes

Named customers16 records

Segments5 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

Eleven partnerships are on record, tiered core, major and moderate.

• City of DaytoncoreStrategic or Co-development PartnerThe Port Authority was created by the City of Dayton and Montgomery County. The city is a core founding partner that appoints board members and participates in regional economic development initiatives.
• Montgomery CountycoreStrategic or Co-development PartnerJoint founding partner with the City of Dayton in creating the Port Authority. Montgomery County appoints board members and collaborates on regional economic development projects.
• JobsOhiomajorStrategic or Co-development PartnerState-level economic development organization that partners with Ohio's port authorities to boost bond capacity throughout Ohio. Partners on projects with significant regional economic impact.
• Dayton Development CoalitioncoreStrategic or Co-development PartnerRegional economic development organization serving the same geographic area as the Port Authority. Primary partner for identifying and advancing development projects across 11 counties.
• CountyCorpmajorStrategic or Co-development PartnerNon-profit partner assisting the Port Authority on housing development projects, including the West Dayton affordable apartment development with Dublin Capital Group.
• CityWide Development CorporationmajorStrategic or Co-development PartnerLocal economic development organization that works constructively with the Port Authority on regional development initiatives.
• Montgomery County Land BankmoderateStrategic or Co-development PartnerPartner organization focused on land reutilization and development, collaborating on property-related development projects.
• Dayton Area Chamber of CommercemoderateStrategic or Co-development PartnerRegional business organization that supports economic development initiatives and business growth in the Dayton area.
• Downtown Dayton PartnershipmoderateStrategic or Co-development PartnerOrganization focused on downtown Dayton development that partners with the Port Authority on urban development projects.
• Dayton Regional Manufacturers Association (DRMA)moderateStrategic or Co-development PartnerManufacturing industry association that connects the Port Authority with industrial expansion and capital investment opportunities.
• Ohio Development Services AgencymoderateStrategic or Co-development PartnerState agency providing development services and programs that complement Port Authority financing activities.

Scale indicators4 records

Recent moves5 records

Expansion highlights5 records

Emerging players

• Ohio PACE Program Administrators (e.g., Lean Energy US / PACE Nation): Third-party PACE program administrators that compete with the Port Authority's PACE Direct offering for energy efficiency financing in Ohio counties. Comparable product offering though structured as private contractors rather than public entities.

Regional players

• Hamilton County Port Authority (Cincinnati/Northern Kentucky area): Regional peer serving an adjacent Ohio market under the same statutory framework. Relevant for benchmarking deal terms, conduit issuance volume, and PACE program structure.

Others

• JobsOhio: State-level private economic development corporation partnering with Ohio's port authorities to boost bond capacity. Functions as a co-investor and funnel for major regional projects; not a competitor but a partner whose priorities shape deal flow for Dayton.

Broad incumbents

• Cleveland-Cuyahoga County Port Authority: A larger Ohio port authority operating both traditional maritime port functions and economic development financing. Useful peer given shared statutory framework and broader scope, though Cleveland's port operations make it a broader incumbent rather than a pure financing peer.

Direct peers

• Columbus-Franklin County Finance Authority: Central Ohio conduit bond issuer and economic development financing entity. Comparable function (bond issuance for nonprofits, manufacturers, and economic development), though structured as a finance authority rather than a port authority.
• Akron-Summit County Port Authority: Ohio port authority serving the Akron/Summit County region with bond issuance and economic development financing under the same statutory structure. Comparable in scale and mandate to Dayton/Montgomery County Port Authority.
• Greater Cincinnati Port Authority: Another Ohio port authority serving the adjacent Cincinnati region with the same statutory powers under Ohio law - issues bonds, conduit financing, PACE programs, and capital leases for economic development projects. Directly comparable as a same-state, same-statutory-authority financing competitor.
• Toledo-Lucas County Port Authority: One of Ohio's larger port authorities operating under the same Ohio Revised Code Chapter 4582 framework. Issues bonds for economic development including industrial, manufacturing, and waterfront-adjacent projects, providing the closest scale and statutory comparison point to Dayton.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights7 records

Customer concentration

Revenue estimate

Valuation estimate

Number of profiles

Profiles5 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 Dayton/Montgomery County Port Authority