Skip to main content
  • My account My account My account
  • Save energy & money Save energy & money Save energy & money
  • Outages Outages Outages
  • Safety Safety Safety
  • About us About us About us
  • Contact us
  • My AES
    Choose your location
    Choose location

    AES Global

    AES Local

    Andes Argentina Brasil Bulgaria Chile Colombia Dominicana El Salvador Hawai‘i Indiana México Miami Valley Lighting Ohio Panama Puerto Rico Vietnam
    Search AES

    The Dayton Power and Light Company Presents a $450,000 Grant to the Downtown Dayton Investment Fund

    The Dayton Power and Light Company Presents a $450,000 Grant to the Downtown Dayton Investment Fund

    DAYTON, Ohio - September 14, 2018 - Today, The Dayton Power and Light Company  is awarding a $450,000 grant to the Downtown Dayton Investment Fund (DDIF) supporting new or continued innovative economic growth initiatives to the commercial property inventory downtown that will make a long-lasting and transformative impact on the city center.

    Building on the success of the Greater Downtown Dayton Plan and the investments currently underway, the mission of the DDIF fund is to improve commercial office assets to meet the needs of prospective businesses and entrepreneurs, and grow jobs in downtown by stimulating the urban office market. The DDIF will invest in new and expanded projects to uncover the potential in downtown Dayton. DP&L's grant funds, within the DDIF, will assist business owners with energy programs and infrastructure.

    "Thank you, to the Dayton Business Committee for identifying the need and creating the DDIF to fuel Dayton's future growth. Business leaders are investing in the downtown core, companies are relocating their offices to the city center, small entrepreneurs are leading innovation and cultivating their new products and services in collaboration spaces downtown, we can see the economic drivers are working toward building a technology epicenter," said Craig Jackson, DP&L President and CEO.

    "All the investors who have contributed to the Downtown Dayton Investment Fund see the importance of supporting urban projects that advance our City and Region as a whole, said Brian Heitkamp, President of CityWide. The DDIF offers financing that aligns well with other economic development tools and will benefit both businesses and developers.  We look forward to seeing the impact this fund has on redevelopment and job growth in our downtown."

    DP&L, along with CareSource, The Dayton Foundation in partnership with Vectren Foundation, First Financial Bank, Miller‐Valentine Group, Premier Health, and the University of Dayton, have invested in the Downtown Dayton Investment Fund making significant progress in meeting the $10M fund goal. CityWide will contribute capital from a Community Development Financial Institution (CDFI) grant and additional investors continue to be recruited to grow the DDIF.

    Back to top

    Copyright © 2009-2023 The AES Corporation. All rights reserved. Terms of Use | Privacy

    Reproduction in whole or in part in any form or medium without the express written permission of The AES Corporation is prohibited. AES and the AES logo are trademarks of The AES Corporation. 

    My Account
  • Pay / View Bill (sign in)
  • Payment & Billing Options
  • Moving
  • Understand Your Bill
  • About Us
  • Corporate Information
  • Careers
  • Newsroom
  • Resources
  • For Community Partners
  • For Builders
  • For Suppliers
  • Jump back to top