Community Development Trust 2020 Updates

The Community Development Trust (CDT) is pleased to report that both its debt and equity portfolios, which support more than 30,000 units of affordable housing and numerous charter schools throughout the United States, have performed well in this unprecedented economic environment. A hundred  percent of their 247 loans are paid current, a testament to both the credit procedures and the resilience of the communities they support. In its most recent newsletter, CDT highlights several transactions, which have closed over the past three months. Each of these transactions will ensure long-term financial stability with new financing at historically low rates. These transactions will also allow CDT and its partners to undertake capital improvements, which will improve the quality of life for the residents of these affordable properties for many years to come.