The Community Development Trust and Aeon announced the completion of a $36MM purchase of Seasons Park Apartments, preventing 400-plus low-income Minnesota families and 450 children from losing their homes.

New York, NY—(Marketwired, April 26, 2017)—The Community Development Trust (CDT), Raza Development Fund (RDF), and Bank of America Merrill Lynch (BofAML) are collaborating to invest $14 million toward the construction of a new $16.5 million school in partnership with the Classical Charter Schools

This week Kimberlee R. Cornett, Managing Director of the Krege Foundation's Social Investment Practice, wrote about some of the work the Kresge Foundation has made possible as a funder and partner to CDFIs.