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More than 25 Years Investing in America’s Communities

More than 25

25 Years Investing in America’s Communities

Featured Investment

Navy Green

Brooklyn, NY
Navy Green

Investment introduction paragraphs

213 units across two properties in Brooklyn, NY serve residents between 40%-100% of area median income. The properties share common green spaces and active and passive recreation areas.

Partners

Community Preservation Corporation, Monadnock Development LLC, Red Stone Equity Partners, and the Black Developers Network Triboro.

Highlights

Located across the street from the Brooklyn Navy Yard, Navy Green comprises 213 units with set-asides for families earning up to 40%, 60%, 80%, and 100% of AMI. Navy Green is part of a site developed by Dunn Development and L&M Development Partners that won the prestigious Urban Land Institute New York Award for Excellence in Housing Development in 2017.

Navy Green

Impact

CDT and our partners’ investment facilitates the long-term stability of this high-quality affordable housing asset serving low-income residents in a dynamic neighborhood across from the Brooklyn Navy Yard.