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Cleveland Development Advisors (CDA) is Northeast Ohio’s leader in providing real estate financing, technical expertise, and specialized tools to developers, businesses, and community groups.

An affiliate of Greater Cleveland Partnership, CDA identifies, positions, and invests in catalytic, strategic, and transformational projects that promote inclusive, thriving neighborhoods and economic growth.

We promote access to real estate and business lending that advances community impact, stabilizes markets, and catalyzes future investment and development in underserved communities.

Since 1989, CDA has invested more than $510 million in over 167 projects in Greater Cleveland that have resulted in 7,792 new housing units & 13.9 million square feet of commercial space.

These projects have generated more than

$4.2 billion of total development.

Featured Projects:

St. Martin de Porres School

Saint Martin de Porres High School (SMDP) is a Cristo Rey Network school that provides children of modest economic means with an education experience that includes work study, service, leadership training and spirituality. No student is turned down for...

The Salvation Army

The 9 – Rotunda & 1010

The historic Ameritrust Tower Complex, including the 1010 Euclid Building, Cleveland Trust Company Rotunda, and Breuer Tower, has been rehabilitated as a mixed-use development called The 9. The development was financed as two separate projects. The long vacant...

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News:

Midtown Collaboration Center receives $10 million New Markets Tax Credit allocation from Cleveland Development Advisors to support construction of unique job creation hub

The Midtown Collaboration Center (MCC) – An additional Cleveland Foundation project positioned to bridge downtown Cleveland with University Circle – recently closed on construction financing. Cleveland Development Advisors (CDA) provided a $10 million New Markets Tax...

CDA 2023 Investor Report

CDA’s annual investor report is out. In it, we highlight last year’s investments and we are proud to announce that we hit a major milestone: more than half a billion dollars invested in projects that are creating catalytic growth and opportunity in #CLE.

Cleveland Development Advisors Supports Renovation and Expansion of May Dugan Center through $2.5 Million Bridge Loan and $5 Million New Markets Tax Credits Allocation

Cleveland Development Advisors (CDA), an affiliate of GCP, will provided a $2.5 million bridge loan and a $5 million allocation of New Markets Tax Credits (NMTCs) to support the renovation of the nonprofit May Dugan Center in Cleveland’s Ohio City neighborhood. For...

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About CDA:

CDA: Creating Our Legacy

Cleveland Development Advisors has been investing in Cleveland’s future for more than 25 years. From stadiums and downtown redevelopment to neighborhood revitalization…see what we do and how we do it.

Making a Difference through NMTCs

CDA invests in Cleveland’s future through the New Markets Tax Credit Program. Included among the latest projects are St. Luke’s Phase III, Lutheran Metropolitan Ministry, Fairmont Creamery and The 9.

University Hospitals and Dave’s MidTown Market

Dave’s Midtown Market and Eatery partnered with University Hospitals Rainbow Center for Women & Children to provide healthy food classes in the community kitchen.