Port authorities have the power to finance, build, and lease industrial, commercial, research and distribution, charitable and public projects. Conduit finance powers for port authorities, under Ohio Revised Code, Chapter 4582 , are broader than any other finance statue which authorizes the involvement in projects for transportation, governmental operations, educational facilities, cultural facilities and housing.Port authorities frequently collaborate with other entities on a wide variety of projects. The Ohio Department of Development and port authorites can combine their resources to bring innovative alternatives on financing to projects. Many port authority projects involve tax exemopt or taxable bonds that feature fixed interest rates that extend 20 or even 30 years.Revenue Bond Fund ProgramCreative FinancingAlternative Financing