Authority director Brian Hudson says the Beverly Hills-based firm received $599,000, most of it as a percentage on bond issues that the authority floated in the early years of the contract. He says CDR's expertise translated into at least $2 million in savings for the authority, which helps arrange financing for first-time homebuyers.
CDR and its owner, David Rubin, contributed $40,000 to Pennsylvania Gov. Ed Rendell's campaigns.