Investors:
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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!
Investor News:
Cleveland Development Advisors provides New Market Tax Credit Allocation to build Urban Community School Athletic Center
CLEVELAND, August 14, 2024 — Cleveland Development Advisors (CDA) has provided an $8 million federal New Market Tax Credit (NMTC) allocation paired with $2.5 million Ohio NMTC allocation to Urban Community School (UCS) for the construction of a $10 million athletic...
Cleveland Development Advisors allocates $10 million in tax credits for Cleveland Kitchen expansion
CDA has allocated $10 million in New Markets Tax Credits to Cleveland Kitchen to consolidate & expand its production facility in the Central Kitchen Food Hub, a food incubator in the Midtown neighborhood.
Cleveland Development Advisors provides $300,000 for African Town Plaza in Fairfax neighborhood
CDA has closed on a $300,000 loan for predevelopment costs associated with the African Town Plaza project in the Fairfax neighborhood.
Investors:
- 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