The NAREB Development Fund

Mission

NDF is a nonprofit loan fund committed to supporting the growth of early-stage real estate developers through flexible predevelopment financing. As an Emerging CDFI, we operate at the critical intersection of education, capital access, and community development. Our dual-program model—the Developer Academy and Financing Opportunities for emerging developers through our Investor Council—creates a unique ecosystem that addresses market failures in predevelopment financing while building sustainable revenue streams.

As a Community Development Loan Fund (CDLF), our mission centers on expanding access to capital, strengthening local economies, and supporting community-focused development in areas poised for revitalization.