About Us
How?
Through targeted partnerships, tailored financial resources, and monthly sessions, selected Roundtable participants are offered a longer-term, developer-led structure to engage with established development practitioners, share financial resources, received updates on local policy, and align opportunities for catalytic real estate development.
Eligibility
Participants must have a minimum of two years of real estate experience and have a completed or can demonstrate a pipeline of existing assets, with the goal of scaling their organizations.
TARGETED PRODUCT TYPES:
- Single-family housing, attainable for buyers earning up to 120% of AMI
- Multifamily Housing, attainable for renters earning up to 80% AMI
- Commercial real estate located in underserved or distressed areas
Session Structure
The CDR is partnered with BCL of Texas, and leverages their existing fund structure, to manage, underwrite, and administer predevelopment funds for Roundtable Members.
Eligible Uses:
- Acquisition
- Market analysis and appraisals
- Environmental assessments
- Site plans and surveys
- Architectural and engineering plans
- Permitting
- Infrastructure
- Site development
Loan Amount:
$25,000 – $100,000 /
Term: 18 months, with options for renewal
Forgivable Note:
Meeting project milestones, a percentage of the loan may be forgiven as grant to the project and to strengthen balance sheets