# EDGAR Filing Document

**Accession Number:** 0001768726
**File Stem:** 0001104659-23-026633
**Filing Date:** 2023-2
**Character Count:** 2733
**Document Hash:** 241ef07d5c064ef323fea095aa148e8e
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001104659-23-026633.hdr.sgml**: 20230228

**ACCESSION NUMBER**: 0001104659-23-026633

**CONFORMED SUBMISSION TYPE**: 253G2

**PUBLIC DOCUMENT COUNT**: 1

**FILED AS OF DATE**: 20230228

**DATE AS OF CHANGE**: 20230228

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Fundrise Development eREIT, LLC
- **CENTRAL INDEX KEY:** 0001768726
- **STANDARD INDUSTRIAL CLASSIFICATION:** REAL ESTATE INVESTMENT TRUSTS [6798]
- **IRS NUMBER:** 833430017
- **STATE OF INCORPORATION:** DE
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** 253G2
- **SEC ACT:** 1933 Act
- **SEC FILE NUMBER:** 024-11873
- **FILM NUMBER:** 23683901

**BUSINESS ADDRESS:**
- **STREET 1:** 11 DUPONT CIRCLE NW
- **STREET 2:** 9TH FLOOR
- **CITY:** WASHINGTON
- **STATE:** DC
- **ZIP:** 20036
- **BUSINESS PHONE:** 202-584-0550

**MAIL ADDRESS:**
- **STREET 1:** 11 DUPONT CIRCLE NW
- **STREET 2:** 9TH FLOOR
- **CITY:** WASHINGTON
- **STATE:** DC
- **ZIP:** 20036

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** Fundrise Growth eREIT 2019, LLC
- **DATE OF NAME CHANGE:** 20190221

**Filed Pursuant to Rule 253(g)(2)**

**File No. 024-11873**

**Fundrise Development eREIT, LLC**

**SUPPLEMENT NO. 4 DATED February 28, 2023**

**TO THE OFFERING CIRCULAR DATED December 12, 2022**

This document supplements, and should be read in conjunction with, the offering circular of Fundrise Development eREIT, LLC ("we", "our" or "us"), dated December 12, 2022 and filed by us with the Securities and Exchange Commission (the "Commission") on December 13, 2022 (the "Offering Circular"). Unless otherwise defined in this supplement, capitalized terms used in this supplement shall have the same meanings as set forth in the Offering Circular.

The purpose of this supplement is to disclose:

* Declaration of dividend.

**Declaration of Dividend**

On February 27, 2023, the Manager of the Company declared a daily distribution of $0.0001369863 per share (the "March 2023 Daily Distribution Amount") (which equates to approximately 0.47% on an annualized basis calculated at the current rate, assuming a $10.60 per share purchase price) for shareholders of record as of the close of business on each day of the period commencing on March 1, 2023 and ending on March 31, 2023 (the "March 2023 Distribution Period"). The distributions will be payable to shareholders of record as of the close of business on each day of the March 2023 Distribution Period and the distributions are scheduled to be paid prior to April 21, 2023. While the Company's Manager is under no obligation to do so, the annualized basis return assumes that the Manager will declare distributions in the future similar to the distributions disclosed herein.