CDT
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The Community Development Trust (CDT) is a private real estate investment trust (REIT) created to acquire debt and equity assets in projects that satisfy Community Reinvestment Act criteria. CDTs main focus is to preserve and increase the stock of affordable housing through both long-term ownership and by providing a secondary mortgage market. CDT is initially focusing on affordable multifamily projects and will later expand to include commercial and retail projects, which meet the community development mission.