CDA’s transformational contributions to Cleveland’s renaissance have been guided by civic-minded, forward thinking private investors who are committed to moving our city and region forward. Since its inception, CDA has capitalized six funds for a total of $210 million. Our efforts to revitalize the Greater Cleveland community are made possible by an impressive collection of corporate and civic partners.
Our most recent capitalization, the Advance Cleveland Development Fund, represents a $32 million commitment from Northeast Ohio companies. ACDF dollars will be targeted to projects that will expand Cleveland’s role as an epicenter of community, culture and commerce!
International Food Solutions bought a former Goodwill building in Cleveland’s Central neighborhood in November. The meal-production company plans use the building as a poultry-processing plant with more than 200 employees.
Two Cleveland-based community development organizations collectively nabbed $80 million in federal tax credits last week to support investments in low-income neighborhoods. CDA was awarded $35 million in NMTC..
CDA, the real estate affiliate of GCP, has been awarded $35 million in NMTC. The Northeast Ohio Development Fund, LLC, was awarded an additional $45 million, bringing $80 million of NMTC to fund transformative projects in Greater Cleveland.
- Advance Cleveland Development Fund
- Civic Vision Housing Fund
- Cleveland Development Advisors Community Reinvestment Fund
- Cleveland Development Partnership II
- Cleveland New Markets Investment Fund
- Cleveland New Markets Investment Fund II