CDT @CDT_REIT
The Community Development Trust is a mission-driven REIT. We seek to preserve and expand the supply of affordable housing through debt and equity investment. cdt.biz New York, NY Joined January 2013-
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Public review begins on the Adams’ administration’s City of Yes for Housing Opportunity, which supports zoning changes to help address the housing affordability crisis in New York. citylimits.org/2024/04/12/pub… #affordablehousing #affordablehousingfinance #communityimpact
Laguna Beach has approved up to $2.5 million to go toward an affordable housing trust fund, a pool of money to support the creation and preservation of affordable housing. latimes.com/socal/daily-pi… #affordablehousing #affordablehousingfinance #communityimpact
$359M in funding announced to create NYC housing, including 385 affordable homes in East New York, Brooklyn whose development partnership includes our colleagues at Monadnock Development, LLC. nyc.urbanize.city/post/359m-fund… #affordablehousing #affordablehousingfinance #communityimpact
New Jersey law aims to let municipalities know exactly how much affordable housing they have to build in the coming years. route-fifty.com/management/202… #affordablehousing #affordablehousingfinance #communityimpact
Affordable housing isn’t one-size-fits-all. What architects learned from 30 years of building affordable homes in Alabama’s Black Belt mpbonline.org/blogs/news/wha… #affordablehousing #affordablehousingfinance #communityimpact
According to the National Low Income Housing Coalition's latest Gap Report, there are only 34 available affordable homes for every 100 extremely low-income renter households. nlihc.org/resource/lates… #affordablehousing #affordablehousingfinance #communityimpact
NIMBYism is remarkably durable and a factor and expense that affordable housing developers must contend with on many projects. nytimes.com/2024/03/01/us/… #affordablehousing #affordablehousingfinance #communityimpact
Amazon continues its investments affordable housing with $122M in Puget Sound area. multihousingnews.com/amazon-to-inve… #affordablehousing #affordablehousingfinance #communityimpact
NLIHC is calling on Congress to provide the highest possible funding for HUD’s affordable housing and homelessness programs in FY25. nlihc.org/resource/final… #affordablehousing #affordablehousingfinance #communityimpact
A quirk in a New Jersey town’s zoning laws may point the way toward easing housing affordability. nytimes.com/2024/03/25/opi… #affordablehousing #affordablehousingfinance #communityimpact
Speculative investing in affordable properties is a concern for communities where stable, long-term affordable housing may already be in short supply. moneywise.com/real-estate/in… #affordablehousing #affordablehousingfinance #communityimpact
Austin Community Foundation launches Housing Accelerator loan program communityimpact.com/sponsored/spon… #affordablehousing #affordablehousingfinance #communityimpact
New York Housing Conference: Alarming Risk of Rising Insurance Costs for Affordable Housing thenyhc.org/2024/03/18/nyh… #affordablehousing #affordablehousingfinance #communityimpact
CDT has a long history of working within public/private partnerships to create and preserve stable #affordablehousing and we love to see other partnerships like this flourishing across the US. fastcompany.com/91051161/how-t… #affordablehousing #affordablehousingfinance #communityimpact
Treasury Department Announces New Efforts to Increase Housing Supply in the United States nlihc.org/resource/treas… #affordablehousing #affordablehousingfinance #communityimpact
Housing affordability affects colleges, particularly community colleges and non-residential colleges. insidehighered.com/opinion/views/… #affordablehousing #affordablehousingfinance #communityimpact
Habitat for Humanity calls on Congressional lawmakers to address the nationwide affordable housing crisis habitat.org/newsroom/2024/… #affordablehousing #affordablehousingfinance #communityimpact
Increasing the Supply of Affordable Single-Family Homes huduser.gov/portal/pdredge… #affordablehousing #affordablehousingfinance #communityimpact
Austin announces the approval by Austin Housing Finance Corporation of $50M in funding for affordable housing development in six areas of the city. austintexas.gov/news/50m-new-a… #affordablehousing #affordablehousingfinance #communityimpact
“Lies, damned lies, and statistics” is a quote attributed to Mark Twain. It comes to mind as Philadelphia challenges the usefulness of AMI for defining housing affordability in their city. metrophiladelphia.com/affordable-hou… #affordablehousing #affordablehousingfinance #communityimpact
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1K Followers 2K Following Illuminating pathways to opportunity & better outcomes in housing, health, education, economic security & mobility. Powered by @EnterpriseNow & @Enterprise_KISWhat challenges does the #affordablehousing industry face as we work to #electrify buildings? Today's @NYSAFAH panel will explore this question w/ insight from CPC Pres. Sadie McKeown & fellow sustainability experts from @NYSHCR @PUSHBuffalo @SCIgreenrater & Home Leasing.
Affordable housing developments have experienced cost increases averaging 30% and, in some cases, even greater amounts, according to a @NCSHAhome study. bit.ly/3BEK4ew
At the White House today for a meeting on affordable housing priorities. Our most immediate asks: increase LIHTC allocation, lower the 50% test, and get those AIT regs out.
WATCH: Residents of a Manhattan NYCHA property are seeing their homes transformed as part of a $271 million rehabilitation project. Proud to collaborate w/ @CDT_REIT, Monadnock, @lemordevgroup, @CLOTH159, & Kalel Holdings on this project: ow.ly/NL7v50EkHwB @CBSNewYork
ICYMI: Residents of a Manhattan NYCHA property are seeing their homes transformed as part of a $271 million rehabilitation project. Proud to collaborate w/ @CDT_REIT, Monadnock, @lemordevgroup, @CLOTH159, & Kalel Holdings on this project: ow.ly/NL7v50EkHwB @CBSNewYork
A great article ft. SAHF partners @CDT_REIT & @HPEquityTrust on the important role that social purpose REITs play in meeting the rental housing needs of communities across the country reit.com/news/reit-maga…
Low mortgage rates may drive home purchase lending to 14-year high bit.ly/2I787cI
#Investors want financial and #socialimpact returns. The CDFI industry can give it to them. Here are 5 ways the industry can evolve to become the next alternative financial institutions. spark.adobe.com/page/nEn0zBOmq…
Notes from @Novogradac: @USOCC Kickstarts #CRA Regulatory Reform Efforts; Could Impact #LIHTC and #NMTC Investment novoco.com/notes-from-nov… #AffordableHousing #EconDev
Talks falter among banking regulators on overhaul of law on lending to poor wsj.com/articles/rewri… via @WSJ
Do you lend to charter schools in NJ, or are you considering entering the market? Read our new report, sponsored by @CDT_REIT, to learn about the laws affecting schools in NJ, charter school performance, and more. highimpactanalysis.com/charter-market…
ICYMI: We are honored to announce with @leagueofcities our investment of $200 million for the future of #affordablehousing. k-p.li/2rTZLub
Wespath’s Fixed Income Fund, in partnership w/@CDT_REIT, invested $2M in a mixed commercial/residential property in #Pittsburgh. Commercial units support #artists w/space for studios, galleries & #ArtEd classes. #affordablehousing #UMC #PSPInvest @wpaumc ow.ly/3dmh30iY5zA
NEW REPORT: Download our second issue (in partnership with @CDT_REIT) of State Scans: Charter School Markets Across the U.S., a first-of-its-kind review of the operating environment and potential opportunities for charter schools in California. highimpactanalysis.com/charter-market…
How will 9 percent #LIHTC allocations grow over the next 10 years? Notes from @Novogradac blog: goo.gl/pEZvK7
Two Steps to Ensure Affordable Housing Production is not Lost goo.gl/heoPMM
Reis: National average asking rent rises to 4.4% in Q1 2018, while national average effective rent rises to 3.9%
Notes from @Novogradac Congress Agrees to Historic Funding for @HUDgov in Fiscal Year 2018 #Omnibus Spending Bill #AffordableHousing #LIHTC novoco.com/notes-from-nov…
Here’s how @HUDgov programs would fare under the House-passed #omnibus spending bill. Retweet and read more at Notes from @Novogradac blog goo.gl/RVz4Xx.