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News

CDT and Aeon Partner on $35MM Affordable Housing Purchase, Saving Homes for Hundreds
/ October 2, 2017 / Newswire

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.

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Community Development Trust and Raza Development Fund Collaborate with Bank of America on New charter school
/ April 26, 2017 / Newswire

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...

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Kresge Foundation Shares Insights Into Community Development Finance in America
/ March 31, 2017 / Newswire

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.

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