Promoting development in Chicago's low income communities through New Markets Tax Credits

  • La Casa Norte | Photo Credit: Tom Harris

  • Auburn Gresham Healthy Lifestyle Hub

  • North Lawndale Employment Network | Photo Credit: Tom Harris

Who we are

Who we are

Chicago Development Fund (CDF) is a non-profit affiliate of the City of Chicago that invests in Chicago communities using New Markets Tax Credit financing.

Who we serve

Who we serve

CDF focuses on three types of projects in distressed communities: industrial/business expansion projects, grocery-anchored retail, and nonprofit-sponsored community facilities.

How it works

How it works

CDF’s funding parameters are based on federal New Markets Tax Credit (NMTC) regulations and internal policies.

Recent Projects