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!
March 1, 2022 Cleveland Development Advisors, announced that nearly $20 million of an available $50 million in federal New Markets Tax Credits have been finalized for use to help fund two local projects.
February 6, 2022 Two Cleveland nonprofits hope to help minority real estate developers scale up, with a new training program that, they say, must be part of a broader systemic shift.
See how CDA continued to promote inclusive and thriving neighborhoods in Northeast Ohio in 2021 by providing innovative financing solutions and technical assistance to catalytic real estate and business development projects.
- 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