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| P R E S E R V I N G A M E R I C A' S C O M M U N I T I E S |
CDT is the country's only private real estate investment trust with a public
purpose. After ten years of operations,
CDT has invested or committed approximately $720 million in debt and equity
capital to properties in 39 states and regions—helping to preserve
or add over 27,700 units to the nation's affordable housing stock.
As a private, mission-driven REIT, CDT is unique in its ability to preserve
and expand the supply of affordable housing while also earning attractive
returns for shareholders. We operate much like a mutual fund, combining
the capital of institutional investors to acquire or provide financing for
affordable housing. In line with our mission, all CDT investments must satisfy
Community Reinvestment Act (CRA) requirements.
Through our Debt and Equity Programs, CDT invests:
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long-term debt capital by purchasing smaller, fixed-rate multifamily mortgages
from community lenders, and |
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equity capital either
in cash or by providing a tax-advantaged transition for existing properties
to a new set of owners committed to long-term affordability.
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To view CDT's recent financial performance, you can download a PDF of our latest
Audited Financial Statements
(2008) or our current newsletter, which includes
our most recent Financial Summary.
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