Cincinnati Development Fund

Cincinnati Development Fund

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CDF is a nonprofit lending institution established in 1988 to finance affordable housing development and community revitalization in Greater Cincinnati.

Startup developers begin $5M housing project in North Fairmount - Cincinnati Business Courier 03/12/2026

This project epitomizes the importance of partnership and patience in real estate development. QCE Development is bringing South Fairmount's St. Leo the Great School building back to life and turning it into 25 apartments for residents age 55 and older earning no more than 60% of the area median income. CDF was pleased to provide financing in multiple forms, including a traditional mortgage loan and a Historic Tax Credit Bridge loan. We also directed City Of Cincinnati Affordable Housing Trust Fund and City ARPA funds to the project.

This Cincinnati Business Courier article says the developers "want to continue their partnerships with CDF and the city--partnerships that fell into place in the years after founding QCE Development and motivated the pair to evolve their business model with each successive project." This is a great example of how we're working to align financing tools to help accelerate affordable housing development. When we build the tools and focus on a shared outcome, we can achieve a great deal. With a common vision, our neighbors will have greater access to high-quality, safe and affordable housing. That's the goal.

Startup developers begin $5M housing project in North Fairmount - Cincinnati Business Courier A pair of upstart developers in Eric Carlson and Justin Freeman have started their largest project yet in Cincinnati.

Careers 03/11/2026

We are growing! Cincinnati Development Fund is hiring for 3 positions:

Community Impact Analyst
Legal/Executive Admnistrator
Loan Officer/Relationship Manager

We're looking for mission-driven professionals to join our team. Please see more information about each position on our website and on Linkedin.

Careers Careers At CDF, we work hard to make a difference in the communities we serve. Our core values – committed, consistent, creative, collaborative, connected and courageous – are evident in everything we do. We offer competitive pay along with comprehensive benefits options including medical, denta...

Photos from Cincinnati Development Fund's post 11/21/2025

Many thanks to the American Red Cross Central & Southern Ohio Region and the American Red Cross Training Services for leading our staff through Adult and Pediatric First Aid/CPR/AED training. Thanks to our wonderful trainer Yolanda, 14 staff members are now certified to help should emergencies arise. CDF is committed to creating a safe working environment and equipping our staff to help when needed, whether at work, at home, on a job site, or out in the community. We highly recommend the training for all work places!

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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