Cincinnati Development Fund

Cincinnati Development Fund

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The Cincinnati Development Fund, or CDF, is a nonprofit lending institution established in 1988 to finance affordable housing development and community revitalization in the Greater Cincinnati area. CDF fills a critical niche not pursued by traditional lenders, such as small projects, new developers and complex financing structures. The organization's primary business is to underwrite and service

05/12/2026

Since 1988, Cincinnati Development Fund (CDF) has had the privilege of financing hundreds of impactful real estate projects across the region. As a nonprofit lender, we take risks when others can’t because we believe in the importance of place and what that means for our community. We use our tools and our creativity to help repurpose historic buildings, activate commercial corridors, create new housing units, and support nonprofit organizations and small businesses. We’re neighbors. We’re partners. Let’s break ground together.

For more information, check out our new video and our website at www.cindevfund.org

An affordable housing fund financed nearly a thousand new units over the last year 05/04/2026

Last week we had the honor of sharing our annual impact report with Cincinnati City Council's Equitable Growth & Housing Committee. Thanks to Cincinnati Public Radio for covering the story. In the last fiscal year, CDF:

🔵 Provided $43MM in total affordable housing lending to 20 unique projects, representing $351MM in total development costs.
🔵 Financed 1,082 total housing units, including 948 affordable units, 84% of which are units serving people at our below 60% AMI.
🔵 Of those 948 units, 640 are in the city and 308 are outside of the city limits.
🔵 Engaged 5 new private funders to support our affordable housing work.

We're starting the new fiscal year with a robust pipeline of projects and are eager to continue contributing more housing units to the market in partnership with many, many others. Please see our website for more information and for the complete report.

An affordable housing fund financed nearly a thousand new units over the last year The 948 housing units are all affordable to residents making 80% or less of the area median income, and most are affordable at 60% AMI.

05/01/2026

CDF is thrilled to kick-off a three-part education series with our partners at ULI Cincinnati and the 2030 District starting on May 13.

The Case for Energy Efficient Buildings series is designed to help developers, owners, and real estate professionals understand how to plan, implement, and finance high-performance buildings in today’s market. This series builds on sessions the City of Cincinnati sponsored this month and will be relevant whether you have 2 units or 200+ units.

For more information and to register, see ULI's website: https://cincinnati.uli.org/events/detail/757CC4E1-A4BC-4D15-A8ED-083843EF1F2A/

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Telephone

Address


1818 Race Street, Suite 401
Cincinnati, OH
45202

Opening Hours

Monday 8:30am - 5pm
Tuesday 8:30am - 5pm
Wednesday 8:30am - 5pm
Thursday 8:30am - 5pm
Friday 8:30am - 5pm