CT/KDF Community Development Partners, LLC

Newport Beach CA


CT/KDF Community Development Partners will provide equity at significant discounts (50% of market rate) for the development of infill mixed-use communities in highly distressed areas. CT/KDF will target transit-oriented sites that combine affordable for-sale workplace condominiums with retail stores and offices where appropriate. The goal is to bring affordable for-sale housing close to work or to public transit for low-income workers and to emphasize homebuyers earning from 60 to 80% of area median income through local homebuyer assistance programs. An additional goal is to build projects large enough to serve as catalysts for more re-development in the surrounding area.

CDFI Awards for CT/KDF Community Development Partners, LLC


NMTC (2006) - $90,000,000

CT/KDF Community Development Partners will provide equity at significant discounts (50% of market rate) for the development of infill mixed-use communities in highly distressed areas. CT/KDF will target transit-oriented sites that combine affordable for-sale workplace condominiums with retail stores and offices where appropriate. The goal is to bring affordable for-sale housing close to work or to public transit for low-income workers and to emphasize homebuyers earning from 60 to 80% of area median income through local homebuyer assistance programs. An additional goal is to build projects large enough to serve as catalysts for more re-development in the surrounding area.



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