Fixed-Rate Forward Commitments
- Project Type: New construction, primarily LIHTC-financed
- Term: 15 to 30 years
- Size: $2 million to $10 million, with larger loans considered
CDT is a national direct lender and secondary market purchaser of permanent mortgages that support the development and preservation of affordable multifamily communities.
Well-priced permanent mortgages are critical to the financial stability of affordable housing, and ultimately to their low- and moderate-income residents. By providing long-term, fixed-rate financing for both new and existing developments, we help secure the foundation for healthy communities and strong local economies.
As a secondary market for permanent loans, CDT also purchases mortgages made by CDFIs, community banks, and other affordable housing lenders—helping to expand the supply of capital to affordable communities throughout the country.
Senior Vice President
Assistant Vice President
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Laurel Street Residential