Rise Companies Corp.
11 Dupont Circle NW
9th Floor
Washington, DC 20036
VIA EDGAR
May 16, 2022
U.S. Securities and Exchange Commission
Division of Corporation Finance – Office of Real Estate & Commodities
100 F Street, N.E.
Washington, D.C. 20549-3010
Attn: Nana McLean
| Re: | Fundrise Development eREIT, LLC (the “Company”) Offering Statement on Form 1-A (the “Offering Statement”) filed May 3, 2022 |
File No. 024-11873
Dear Ms. McLean:
We filed the above-referenced Offering Statement on Form 1-A on May 3, 2022. Pursuant to Rule 461 under the Securities Act of 1933, we now respectfully request that the qualification date of the Offering Statement be accelerated and that the Offering Statement be declared qualified on May 17, 2022 at 4:00 PM, or as soon thereafter as is reasonably practicable.
| Very truly yours, | ||
| /s/ Bjorn Hall | ||
| Bjorn Hall | ||
| cc: | Mark Schonberger, Esq. | |
