What is Community Development Trust?
Community Development Trust (CDT) operates as a private real estate investment trust (REIT) dedicated to providing long-term capital for the development and preservation of high-quality affordable housing across the United States. With a legacy spanning over 27 years, CDT has deployed $3.5 billion in debt and equity, positively impacting more than 130,000 residents in 45 states. The organization is committed to generating robust financial returns for its investors while simultaneously driving social returns within the communities it serves. CDT actively partners with a diverse array of organizations involved in affordable housing initiatives and community development, aiming to elevate the quality of life for residents.
How much funding has Community Development Trust raised?
Community Development Trust has raised a total of $23M across 1 funding round:
Debt
$23M
Debt (2013): $23M, investors not publicly disclosed
What's next for Community Development Trust?
The recent major strategic investment signals a pivotal moment for Community Development Trust, likely enabling the expansion of its affordable housing portfolio and the enhancement of its operational capabilities. This infusion of capital is expected to fuel further growth, allowing CDT to deepen its impact in underserved communities and solidify its role as a key player in sustainable real estate finance. The company's continued focus on both financial and social returns positions it for sustained success and influence in the REIT market.
See full Community Development Trust company page
