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!
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.
Food producer wins $9.6 million USDA grant for project on Cleveland’s East Side
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.
- 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