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CDT is a national investor providing equity and debt financing solutions for the acquisition and preservation or development of affordable multifamily rental housing.
We work with non-profit and for-profit partners who are experienced in building, acquiring, rehabilitating, and managing affordable housing communities.
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We invest for the long term, providing the capital necessary to acquire a property or restructure a property’s ownership, address capital needs, replace major systems, and add amenities such as recreational facilities and community centers.
Our operating partners include many of the country’s leading specialists in preservation—multifamily developers, owners, and managers with a strong local presence—who invest alongside CDT.
Terms for specific investments are based on location, operating history, business plan/strategy, and alignment with CDT’s mission to preserve affordable housing. We typically invest between $2 million and $10 million, with larger loans considered, and with a term between 15 and 30 years.
Program Highlights
CDT’s double-bottom line approach is designed to maximize investment returns, promote long-term housing stability, and create positive community impact.
Debt
Fixed-Rate Forward Commitments
- Project Type: New construction, primarily LIHTC-financed
- Term: 15 to 30 years
- Size: $2 million to $10 million, with larger loans considered
Immediate Fixed-Rate Funding
- Project Type: Existing stabilized properties
- Term: 15 to 30 years
- Size: $2 million to $10 million, with larger loans considered
Secondary Market Purchases
- Project Type: Multifamily affordable communities, primarily LIHTC-financed
- Targets: Portfolios of new and seasoned loans, mix of loan sizes (minimum $2 million, no maximum)
- Term: Generally with maturities of 15 to 30 years
FOR MORE INFORMATION
Senior Vice President,
Multifamily Debt Program
Featured Investments
Testimonial
We greatly appreciate our long-term lending partnership with CDT, which, to date, has provided responsive permanent financing to six of our affordable housing communities.
Contact Information
New York, NY 10018-7702
212-271-5080
212-271-5079