Midtown Collaboration Center receives $10 million New Markets Tax Credit allocation from Cleveland Development Advisors to support construction of unique job creation hub

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...

Cleveland Development Advisors Supports Renovation and Expansion of May Dugan Center through $2.5 Million Bridge Loan and $5 Million New Markets Tax Credits Allocation

Cleveland Development Advisors Supports Renovation and Expansion of May Dugan Center through $2.5 Million Bridge Loan and $5 Million New Markets Tax Credits Allocation

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...