Cleveland Development Advisors (CDA), an affiliate of the Greater Cleveland Partnership (GCP), has provided a $5 million allocation of New Markets Tax Credits (NMTCs) to support the Manufacturing Advocacy & Growth Network, Inc. (MAGNET) as it develops its new...
A new group of 15 entrepreneurs is poised to help make sure the racial makeup of real estate developers reflects the Cleveland neighborhoods they work in.
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...
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.