FINANCE FOR RETAIL PROJECTS IN LOW-INCOME URBAN COMMUNITIES

CDF Development, LLC provides equity and loans to large-scale retail projects in low-income urban communities throughout the United States.


Its goal is to increase the number of developments of high-profile retail projects in underserved communities, creating new jobs and economic revitalization in these areas.


To facilitate its investments, CDF Development was allocated $100 million in federal tax credits as part of

the Department of Treasury’s prestigious New Market Tax Credit Program (NMTC). The NMTC attracts private-sector capital investment into urban and rural low-income areas to help finance community development projects, stimulate economic opportunity and create jobs in the areas that need it most.


CDF Development is an affiliate of The Cordish Company, the largest and most successful developer of urban retail/entertainment districts in the United States.