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...
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.
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.
GOPC's report provides JPMorgan Chase, the field and the broader public with a greater understanding of CDA and Finance Fund Capital Corporation's (FCAP) Opportunity CLE Neighborhoods initiative.