CBS News Report: Developers complete 1,000 NYCHA apartment renovations
2,900 residents are now benefiting from renovations that include new bathrooms, kitchens and flooring in apartments as well as replacements of heating systems and full elevator rehabs.
CDT Appoints Michael Lear as Chief Business Development Officer
CDT has announced the appointment of Michael Lear as Chief Business Development Officer.
CDT in the News: Affordable Housing Finance features Deal to Acquire and Preserve 1,000 Units in New York City
Read the article on the Affordable Housing Finance website.
CDT Among Partnership That Closes Deal to Purchase and Preserve a 13-Building Affordable Housing Portfolio Totaling 1,036 Units
The Community Preservation Corporation (CPC), The Community Development Trust (CDT), Monadnock Development, Red Stone Equity Partners and the Black Developers Network Triboro (BDN Triboro) have closed a $36.5 million deal to purchase and preserve a 13-building affordable housing…
CDT in the News: Partnership Closes $37M Deal to Preserve 1K-Plus NYC Affordable Housing Units
Rread the full article on the Commercial Observer website.
The Community Development Trust Appoints Jeff Crum as Vice President – Equity Originations
The Community Development Trust (“CDT”) announced today it has appointed Jeff Crum as Vice President – Equity Originations. In his new role, Jeff Crum will work to expand CDT’s equity investments that improve…
CDT in the News: CDT partnership to bring 175 income-qualified apartments into Austin market covered by Austin American-Statesman
Read the full story on the American-Statesman website. More information also available here: HACA subsidiary Austin Affordable Housing Corp. partners with CDT and CPC Mortgage Company to Unlock Affordable Housing…
HACA subsidiary Austin Affordable Housing Corp. partners with CDT and CPC Mortgage Company to Unlock Affordable Housing in Northwest
Just In Time for the Holidays: HACA subsidiary Austin Affordable Housing Corp. partners with the CDT and CPC Mortgage Company to unlock affordable housing in Northwest. Joint venture to purchase…
CDT’s PHA Program Summary highlights how CDT partners with PHAs to help them achieve their objectives via CDT’s uniquely long-term, mission-oriented capital approach
CDT actively partners with Public Housing Authorities (PHAs) across the country to preserve and expand affordable housing opportunities in their communities while facilitating the PHA retaining long-term control. CDT currently…
Cushing Residences Upgrades Funded by Refinancing
In 2012, CDT and Evergreen Housing purchased Cushing Residences, a 150-unit Section 8 property located in Hanover Massachusetts that serves seniors and disabled individuals. Evergreen had been approached by the…