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 allocates $10 million in tax credits for Cleveland Kitchen expansion](https://www.clevelanddevelopmentadvisors.com/wp-content/uploads/2024/07/Cle-kitchen.png)
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.
CDA has closed on a $300,000 loan for predevelopment costs associated with the African Town Plaza project in the Fairfax neighborhood.
CLEVELAND HEIGHTS, April 16, 2024 — Cleveland Development Advisors (CDA) has closed on a $2 million loan to help finance predevelopment costs for the redevelopment of the 28-acre Park Synagogue campus in Cleveland Heights. The plan will focus on education, the arts...
(CDA) has closed on $8 million in Federal and Ohio New Markets Tax Credit (NMTC) allocations for the Cleveland Institute of Art’s $12.7 million state-of-the-art Interactive Media Lab.
CDA announced the closing of $4.5 million in loans to help finance construction of a modern, market rate rental development in the central part of Cleveland’s Fairfax neighborhood.
Shaker Square ready to pivot from repair to planning new future for a Cleveland landmark
Dahlia Coffee Co. owner Natalia Alcazar opened a Mexican coffee shop at the Pivot Center a few months after starting a coffee roasting business.
CLEVELAND, November 9, 2023 — Cleveland Development Advisors (CDA) is loaning $5.5 million for a project that will completely make over a West Park neighborhood school into reasonably priced market rate apartments. The $14.9 million historic renovation of the former...
Built in 1972 as one of the first projects built after Cleveland’s Hough Riots, Martin Luther King Jr. Plaza was meant to serve as a beacon of progress for Black entrepreneurship and the rebuilding of the Hough community. Over time, however, widespread disinvestment in the neighborhood eroded retail, leaving the shopping center largely vacant.
Fifteen promising entrepreneurs from diverse backgrounds have been selected to participate in an innovative new real estate development program with a clear mission: to break down historical barriers and empower these individuals with the knowledge and tools needed to...