CHICAGO DEVELOPMENT FUND (CDF)

Chicago Development Fund (CDF) is a non-profit affiliate of the City of Chicago that invests in Chicago communities using New Markets Tax Credit financing... Founded in July 2005 by the City of Chicago, the Chicago Development Fund (CDF) is a non-profit corporation that provides capital to qualifying projects and businesses in low-income areas of Chicago through the use of New Markets Tax Credits (NMTCs). CDF has been awarded $521 million in NMTCs by the United States Department of the Treasury in nine allocations starting in 2006.

Also known as: Chicago Development Fund

Primary location: Chicago United States