The Chicago Development Fund (CDF) will provide capital to industrial, commercial, institutional, and mixed-use real estate projects within low-income areas of the City of Chicago. CDF will focus on a) facilitating industrial retention and expansion within the City; b) helping Chicago medical providers to adapt and modernize to meet the changing needs of the City’s population; c) extending retail development into underserved areas of the City; and d) preserving and enhancing historical and cultural resources. An NMTC allocation will allow CDF to create complementary financing structures using both NMTC and Tax Increment Financing (TIF), resulting in more potent “gap financing” and highly efficient utilization of both TIF and NMTC resources.